360 ONE eyes bigger share of India’s ultra-rich

360 ONE eyes bigger share of India’s ultra-rich

360 ONE WAM Ltd. is aiming to capture a bigger market share of managing the wealth of India’s richest families over the next few years as demand for asset management services in this segment soars.India’s largest independent wealth manager holds almost 10% of the ultra-high-net-worth market, and is looking to increase that to 12% or 13%, Co-Founder Yatin Shah said in an interview.The rise in private wealth is being fueled by an increasing number of companies from smaller cities listing on stock exchanges, while private equity money is flowing into industrial clusters and family-owned businesse