India’s wealth management turf gets greener

10-Feb-2015 #Globalwealth Source: My digital fc

A Knight Frank report suggests that India’s Ultra-high-net-worth individuals will grow at 98 per cent through 2023 compared with 28 per cent globally. The forecast of growth figures points toward a very high potential for asset accumulation during the foreseeable future. The wealth management sector in India being in the early days is still fragmented and has a huge scope for development and the wealth managers need to give significant value addition to keep the UHNI interested.

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