Read more +01 August 2014 in Business Issues, Wealth Planning
The number of high net worth individuals in the Asia Pacific region has touched 4.3 million, equaling that to that in North America, according to the CapGemini World Wealth Report 2014. Yet the number of family offices in the region, numbering just over 100, ‘does not reflect the boom in regional wealth’ according to CampdenFB.
Read more +21 May 2014 in Wealth Planning
Inspired by the movie Swades, Ronnie and Zarina Screwvala founded the Swades Foundation that operates with the single-minded focus of empowering rural India. Screwvala believes, “India cannot rise to its true potential without a fundamental transformation in the lives of people in rural India”. “For over a year, we met other philanthropists, visited many villages
Read more +06 February 2014 in Wealth Planning
Abhijit Joshi of AZB & Partners discusses the different trust structures in India, investing abroad, trustee firms and how the Indian Trust Act is different. 1. What are the most common forms of trusts that Indian promoters ask for, or that get set up generally? (1:52) 2. If a client wants to invest overseas, what