`Wealth mgmt companies seek alternatives to equity`

Wealth management companies are looking for alternative investment avenues such as debt funds in light of the downtrend in the equity markets, according to Anil Rego, founder and chief executive officer of Right Horizons, an end-to-end investment advisory and wealth management company focussing on providing financial solutions specific to customer needs. An MBA and CFA, Rego worked for Wipro for over seven years as business planning and merger and acquisition manager before starting Right Horizons in October 2003. Today, his company has a strength of over 60 people, with branches across Bangalore, Chennai and Hyderabad. Excerpts from an interview with C H Prashanth Reddy:

`Wealth mgmt companies seek alternatives to equity`