Julius Baer ramps up India wealth business

  • Julius Baer is aggressively ramping up their India wealth business.
  • India’s wealth industry is worth $600 billion and is growing at an annual rate of 12%.
  • Only 25% of that wealth is managed professionally.
  • Umang Papneja, managing director and chief executive of the Swiss wealth manager’s Indian unit, discussed this in a Bloomberg TV interview.
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