India’s ultra-wealthy are expanding globally at a rapid pace. With 3-4 new ultra high net worth individuals (UHNIs) emerging daily, Indian family offices are diversifying their investments beyond local borders. They’re allocating capital offshore to achieve regulatory flexibility, reduce volatility, and ensure long-term stability, thereby transforming wealth management into a borderless concept.
From private credit markets to niche business acquisitions, family offices (with a minimum investible surplus of Rs 250-500 crore) are embracing global opportunities. “Offshore investing and the hunt for yield have changed everything,” says Amit Saxena, managing director at Nuvama Private.
Full article at: https://www.financialexpress.com/business/industry/beyond-borders-indias-family-offices-going-global/3910020/