In the changing context of business environment, the wealth management is gaining importance. In due of the growing importance of the subject, it is imperative to review the emerging business environment, trends and management philosophy to understand the dynamics of wealth management. The present book spells out some of the financial fundamentals for understanding by the laymen, students and lay-investors. Later the book dwells upon some of the fundamental differences in the understanding of the wealth in the East and the West. Spelling out the Arthashastra’s concept of wealth, the book highlights the contributions of Adam Smith and Peter Drucker, the most creative thinkers in the wealth management. Later, the book discusses various dimensions of wealth including capital market, shares, real estate and mortgaging. At last, the book focuses on economic recession. It is expected that the present volume will be helpful in understanding the dynamics the wealth management to the investors, policy makers, bankers and those who are interested in this field.
Indian Ethos for Modern Management
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