Family offices spread to smaller cities as presence of HNIs widens beyond metros
Financial Express Chennai|December 04, 2024
WITH ULTRA-HIGH-NET-WORTH FAMILIES no longer being concentrated in cities like Mumbai, Delhi, Bengaluru or Hyderabad, family offices are now proliferating in places such as Surat, Ludhiana, Lucknow, Ahmedabad, Nagpur and Coimbatore.
S SHANTHI

Affluent families from these places, particularly the younger generation, are focusing on setting up these offices to diversify their risks and systematically invest into the equity market, mutual funds, structured instruments, real estate and new asset classes such as startups.

According to reports, Surat alone has seen the establishment of around 8-10 family offices in the recent past.

According to a recent PwC report, currently, there are over 300 family offices in India, as against 45 in 2018, and the number is set to rise exponentially, with promoters building impressive businesses in tier-2 and tier-3 cities.

この記事は Financial Express Chennai の December 04, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は Financial Express Chennai の December 04, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

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