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Global NRI wealth management market set to grow at 10.9%

The global value of the non-resident Indian (NRI) wealth management market increased at a compound annual growth rate (CAGR) of 9.4% between 2007 and 2011 and is forecasted to increase by 10.9% from 2012 to 2016, according to a recent report by market research firm, BRICdata. The NRI millionaire segment, which has an average wealth of over US$3 million, has…

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