Page 5 - Wealth Management

Emerging markets face risk of policy error amid conflicting priorities

Emerging markets have witnessed an investor exodus this year despite having raised interest rates at an unprecedented pace

Inheritance rights of adopted children vary on the basis of religion

Hindu and Christian personal law treat adopted child on a par with natural-born ones

Amazon to delist Appario as seller, renews Frontizo JV for 3 years

The development comes at a time when Cloudtail, once the largest seller on Amazon's India marketplace, shut operations on the e-commerce platform as a seller this year amid regulatory pressure

LGT Group forays into Indian wealth management space via LGT Wealth India

Majority owned by LGT Group, LGT Wealth India employs more than 200 staff and has a presence in 14 cities across India, including Mumbai, Delhi, Chennai, and Bengaluru, the company said in a statement

Broking biz will flourish for those who constantly upgrade: Emkay Global MD

"Maximum returns are seen when small-caps of yesteryear become mid-caps of today and large-caps of tomorrow", says Krishna Kumar Karwa

Ring-fence your wealth from creditors by setting up wills and trusts

It is a versatile instrument suited for the wealthy, but it must be drafted carefully

State of the Indian economy: Unequal, uneven distribution of wealth

The income gap between states is growing and the pain of inflation is worse for those falling behind

NRI investors' interest in India growing: Bank Julius Baer's Rahul Malhotra

'The wealth management market in India is becoming highly competitive with digital disruption and increasing need for personalised client engagement'

Wealth management platform Dezerv raises $21mn in series A led by Accel

Dezerv was founded in 2021 by Sandeep Jethwani, Vaibhav Porwal and Sahil Contractor and so far seen more than Rs 800 crore invested through the platform

Being clever cannot be a business model: CASHe chairman V Raman Kumar

It's not that we are giving money to everybody. We have to make sure that there's a high propensity to repay, said Kumar

Validus Wealth plans to grow AUM five times in next three years

The company has crossed the USD 1-billion mark in three years of operations

Evergrande pays back some cash owed to wealth product investors

The distressed developer paid the first 10% installment of wealth management products due September on Thursday, in line with a repayment plan announced earlier

Wealth managers must sharpen their game

To truly capitalise on the market opportunity, wealth managers need to focus on quality of advice, innovation in product design and ease of execution

Amazon enters India wealth management with bet on startup Smallcase

Smallcase improves digital access to capital markets by offering weighted portfolios of stocks and exchange traded funds.

Amid HK turbulence, HSBC buys AXA Singapore for $575 mn to grow Asia wealth

The acquisition will give HSBC the eighth largest life insurer in Singapore, as well as a leading group health insurance firm, with assets of $474 million, according to a statement.

HSBC aims to be top Asia wealth manager in 5 yrs, eyes China middle class

The London-based bank has outlined ambitious plans to expand in wealth management, particularly in China.

Banking giant HSBC exiting US retail banking to focus on wealth management

HSBC says it is closing its US retail banking business in order to refocus its efforts on wealth management

Citi may be spoilt for choice for consumer business suitors: Analysts

Process may take more than a year to complete, say analysts; business as usual as of now

Focus Financial Partners launches Beryllus Capital in JV with Hinduja Group

Focus Financial Partners is a leading partnership of independent, fiduciary wealth management firms

Advisors push AT1 bonds to HNIs to take advantage of surge in yields

Yields of perpetual bonds issued by State Bank of India and Bank of Baroda, for instance, have gone up by as much as 80-90 basis points (bps), and top recommendation lists of most managers