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Domestic players dominate India’s US$102.6 billion wealth management sector

Domestic firms continue to dominate the private wealth market in India, where the top 20 private banks and wealth managers collectively manage just 12.9% of the country’s high net worth wealth, according to Asian Private Banker’s India 2016 AUM League Table. The 13 domestic wealth managers on the top 20 table manage a combined US$65.7 billion – nearly two-thirds of…

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