The segment is outstripping overall Indian population growth by a factor of 10, and with the increase in size come gains in sophistication, says Deutsche Bank.
Tag : south asia
Ranjit Khanna becomes the market head for non-resident Indians and South Asia at the Royal Bank of Scotland's international private banking arm.
The Cayman Islands-based investment company has finished fundraising for its Cambodia fund and launched two Sri Lanka funds.
The Swiss boutique private bank poaches UBS Wealth Management's Asia chief investment strategist as its regional co-head of investment solutions and deputy CIO.
The firm is among the few international fund management companies aggressively building its business in South Asia, which so far makes up about 12% of its $115 billion in Asian AUM.