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Julius Baer says aggressively ramping up India wealth business

The nation’s $600 billion wealth industry is growing at 12% annually, and only a quarter of that wealth is currently managed professionally, Umang Papneja, managing director and chief executive of the Swiss wealth manager’s Indian unit, said in a Bloomberg TV interview on Thursday.

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​ The nation’s $600 billion wealth industry is growing at 12% annually, and only a quarter of that wealth is currently managed professionally, Umang Papneja, managing director and chief executive of the Swiss wealth manager’s Indian unit, said in a Bloomberg TV interview on Thursday. The nation’s $600 billion wealth industry is growing at 12% annually, and only a quarter of that wealth is currently managed professionally, Umang Papneja, managing director and chief executive of the Swiss wealth manager’s Indian unit, said in a Bloomberg TV interview on Thursday.  Moneycontrol Latest News Read More  

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