India may see family wealth worth $1.5 trillion change hands in 10 years

India anticipates a significant intergenerational wealth transfer exceeding one trillion dollars. Family wealth is becoming more institutionalized with formal governance structures. This trend will expand the alternatives market significantly in the coming decade. India’s billionaire and ultra-high-net-worth individual numbers are projected to increase. Exits and liquidity events are driving demand for wealth management services.

RDIF AIF selection expected to be completed in two weeks

The government is in the final stages of choosing alternative investment firms for the research fund, with the decision expected to wrap up in the coming fortnight. Meanwhile, funds are actively being allocated to other selected firms for investment purposes. Robust safeguards are implemented to ensure protection for both public and private capital, reinforcing transparency…