India family office boom brings changing asset preferences

Wealthy Indian families -- and their offices -- are gradually moving away from very traditional and physical investments and incorporating more public and private market investments, a family office executive told AsianInvestor. “There is a change in the asset class mix for wealthy Indian families,” said Rishabh Mariwala, a second-generation Indian family business entrepreneur and founder and managing partner of Sharrp Ventures - the Mariwala Family Office. “Traditionally [wealt…