Indian banks are in good shape. We’ve heard that often enough from the Reserve Bank of India (RBI) and the government. (more…)

Fund management houses will increasingly adopt a “multi-boutique” or “virtual” structure, but will struggle to crack the potentially lucrative Asian market. Those are among the predictions of the latest annual industry report drawn up by Citigroup, Principal Global Investors and Create Research. (more…)

Not since the proposed changes to the taxation of UK resident non-domiciled individuals has such controversy been stoked as is the case with the proposals to change the rate of capital gains tax, says Christopher Shaw, group head of wealth planning at Societe Generale Private Banking Hambros. (more…)

Swiss private banks are continuing to ramp up their presence in Singapore – encouraged by Asia’s economic boom and Europe’s tax clampdown – with two firms joining a raft of their peers in mounting a push into the high-growth region. (more…)

Wealth managers are optimistic about exchange traded funds (ETFs) and are suggesting to their clients to go for these due to the low-cost structure, low tracking error and easy to transact feature. ET simplifies the ETFs available to Indian investors and tells how to go about investing in them. (more…)

India’s billionaires have seen their wealth swell more than their US counterparts in 2009 according to Forbes India rich list, in a further sign that the subcontinent is recovering faster than western economies. (more…)

India is all set to see an increase of three times in the number of its high net worth individuals over the next decade. (more…)

India’s high net worth individual (HNI) population shrank by 31.6 per cent to 84,000 in 2008, mainly due to a drop in the pace of economic growth and erosion in market capitalisation, according to the Asia-Pacific Wealth Report released by Merrill Lynch Wealth Management and Capgemini. (more…)

The high net worth individual (HNI) population in China and India is expected to triple over the next 10 years, according to an Asia-Pacific wealth report released on Tuesday by Merrill Lynch Wealth Management and Capgemini. (more…)

Morgan Stanley is set to launch wealth management services for the super-rich in India — for people with an investable surplus of at least $1 billion, the Business Standard reported on Wednesday. (more…)