Consumerist sector is India’s investment frontier
‘India is only at the start of its journey’
India
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India’s wealthy to surpass 500,000 people by 2023
Massive increase of 87% is expected over the next five years
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NRI advisers react to shock exit of India central bank governor
India’s financial markets are jittery after central bank governor’s resignation and state elections
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India is top global destination for remittances
But the future growth of remittances is vulnerable to lower oil prices and restrictive migration policies
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Citi hires from DBS for India wealth push
The firm is aiming to bolster its Indian wealth management business with a number of appointments
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Not the end of the world if Modi exits, says Pictet’s Sanjeevi
‘High conviction’ Pictet Indian Equities Fund is currently overweight in financials and technology
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India’s HNW population growing quickest in Asia Pacific
Capgemini report found the country had the fastest growth of wealthy individuals in 2016-2017
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Retail investors account for just 7% of Indian ETFs
Low fees and no commission stopping advisers from recommending passives
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The wealthier India becomes, the more citizens it loses
UN report shows that 17 million Indians were living overseas in 2017 – a 143% increase from 1990
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Leading Dubai CEOs flag big advice shift for expat Indians
Financial advisers can prosper without upfront commission, new planning ideas needed for clients
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Over $2bn in unclaimed funds held by Indian insurers
Nearly 70% of the funds are held by the country’s biggest life insurer
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India’s PNB Metlife gets IPO green light
Once listed, the company will be the fourth life insurer in India to go public