ETMarkets PMS talk | Alternative managers gaining ground: 70% of PMS capital now with non-institutional players, says Manish Bhandari

Manish Bhandari highlights PMS sector growth driven by independent managers, with 70% of institutional capital managed outside traditional institutions. He sees economic benefits in closer IndiaChinaRussia ties, favours infrastructure, cement, healthcare, and selective auto ancillary plays, stressing valuation discipline and diverse strategies.