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Domestic opportunities draw Indian, Indonesian HNWIs

With relatively new governments in both countries set on long-term plans to improve local infrastructure, global research house Cerulli expects “strong interest from HNWIs on domestic investment themes.” This comes “especially amid global economic uncertainty,” says Thusitha de Silva, Cerulli Asia Editor. “Our calculations show that at the end of last year, about 98% of total Indian AUM was locally…

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