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Non-resident Indian wealthy setting up more family offices

Joe Marsh
The segment is outstripping overall Indian population growth by a factor of 10, and with the increase in size come gains in sophistication, says Deutsche Bank.
Non-resident Indian wealthy setting up more family offices

The South Asian high-net-worth diaspora has always represented a substantial pool of capital, with Deutsche Bank Private Wealth Management (PWM) putting the liquid wealth of the group -- excluding ownership of property and businesses -- at $50 billion to $70 billion.

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