Assets held by India's family offices are projected to grow 1.5 times over the next three years, from approximately INR700bn ($7.1bn) in 2024, according to research by Julius Baer and EY.
The report links this growth to a larger pool of wealth, more advanced investment approaches and the rising role of family offices as providers of long-term capital.
It notes that India currently has more than 19,000 ultra-high-net-worth individuals (UHNWIs), a figure projected to cross 25,000 by 2031.
Over the next decade, intergenerational wealth transfers valued at roughly $1.3tn-$1.5tn are also expected, adding to the need for stronger governance structures, succession arrangements and more institutional operating models.
Alongside the rise in **** ets, investment patterns are also changing.
#offices
The report links this growth to a larger pool of wealth, more advanced investment approaches and the rising role of family offices as providers of long-term capital.
It notes that India currently has more than 19,000 ultra-high-net-worth individuals (UHNWIs), a figure projected to cross 25,000 by 2031.
Over the next decade, intergenerational wealth transfers valued at roughly $1.3tn-$1.5tn are also expected, adding to the need for stronger governance structures, succession arrangements and more institutional operating models.
Alongside the rise in **** ets, investment patterns are also changing.
#offices
2 days ago
