The number of Indians with investible resources in excess of a million dollars rose 51% on the back of a smart recovery in asset prices in 2009, according to the 2010 World Wealth Report released on Wednesday by Capgemini and Merrill Lynch Global Wealth Management Ltd. (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…)

Each rupee of wealth earned is done through your hard work and it is your responsibility towards your family to plan your wealth in a diligent manner. Neither is it the `time` factor as one can always find time for important things in life if one tries to. (more…)

Top foreign wealth management firms are offering co-investment opportunities to India’s super-rich in their global private equity, real estate and hedge funds, or even structured products. (more…)

Religare Enterprises on Tuesday said its group firm—Religare Macquarie Private Wealth and Macquarie Investment Services—would start a new investment service in India that targets the high networth individuals (HNIs). (more…)

With the demand for credit expected to shoot up, private banks are bolstering core capital. Seven of them are in the process of raising a cumulative Rs 10,500 crore in equity to fund expansion, which, in some cases like Axis Bank’s, includes entry into mutual fund, private equity and wealth management businesses. (more…)