Tech funds top the rankings for 2023
While tech was the standout performer in 2023, investors in China funds had contrasting fortunes
India
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India’s Private Banking sector could be the jewel in their crown
As the area has been overlooked but is poised to deliver outsized returns
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UBS plans to build out wealth management team in India
Bank is reportedly looking to add at least seven relationship managers
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BlackRock enters Indian asset management industry with JFS JV
Joint venture will begin operations once regulatory sign-off is achieved
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HSBC launches private banking operation in India
It is aimed at clients with investable assets of more than $2m
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Abrdn sells stake in Indian life insurer
Company will get around £198m from the share buyback process
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Indian asset manager opens London office
It will focus on investment opportunities in Indian markets
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LGT launches digital family office in India
To bolster its tech offering for UHNWs
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India unveils fees shake up for alternative investment funds
Changes will take effect from 1 May
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Indian wealth firm creates platform for women
There is a need ‘to evolve and cater to this growing demographic uniquely’
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Assetco pockets India-based asset manager for £4.1m
Firm believes in the ‘long-term potential’ of the country
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Indian wealth firm buys digital investment platform
To bolster its tech offering for advisers across the country