With regard to investing in wine, Agarwal states, “We build bespoke portfolios of carefully selected investment grade wines for private investors.
Credence, a startup in the wealth management space that was floated by three former employees of Citibank, now plans to leverage on Crest's reach to have a pan-India footprint in the fast growing wealth management space for ultra-rich clients.
The purchase of Coutts International, which is based in Switzerland, is part of an aggressive expansion by UBP, but the bank is reliant on retaining key private bankers to make a success of the deal.
The new rules, announced on Tuesday, bar the spouses of senior officials in the sprawling metropolis of more than 23 million from going into private business.
Women's involvement in family office affairs is largely felt in the area of philanthropy, speakers tell AsianInvestor's forum in Singapore, with the investment side of the business still dominated by men.