Hni

European and Asian super rich are gobbling up real estate

European and Asian ultra high networth individuals (UHNWIs, or the super rich) hold by far the biggest share of all privately-owned real estate, together accounting for almost 80 percent by value, according to a new report by real estate services firm Savills and wealth intelligence provider Wealth-X.<br /><br />

India will have 3 lakh millionaires by 2018: Credit Suisse

There are 1,760 ultra high net worth individuals with wealth over $50 million and 770 UHNWIs with more than $100 million in India

As part of new FPI regulations, Sebi tightens norms for issue of P-Notes

Sebi has barred "unregulated" foreign funds from dealing in offshore derivative instruments even if their investment managers are appropriately regulated by their concerned regulators.

P-Notes investment up to Rs 1.62 lakh crore in Jan

Foreign investments into Indian markets through participatory notes (P-Notes), a preferred route for HNIs and hedge funds, stood at Rs 1.62 lakh crore (about $30 billion) in January.

P-Note investments rise to 9-month high of Rs 1.8 lakh cr

P-notes is a preferred route for High Networth Individuals (HNIs) and hedge funds from abroad, which allows them to invest in Indian markets through registered Foreign Institutional Investors

Clampdown on tax evasion: S'pore banks fret over rich clients

Banks in Singapore are urgently scrutinising their account holders as an imminent deadline on stricter tax evasion measures forces them to decide whether to send some of their wealthiest clients packing.

Equity? Not for us? We are the super-rich. We like FDs

Wealth managers may be chasing high net worth individuals (HNIs) to manage their money aggressively, but the hot, new investment idea that seems to be captivating them is fixed-income, capital-protecting instruments.

Book a flat in Mumbai, and win a trip to Singapore

Many developers have come out with special offers to entice customers. For instance booking a flat with Mantri Realty can land you a holiday for two in Malayasia or Singapore. One can get discounts ranging from Rs 40,000 to Rs 4.4 lakh from Disha Direct.

Fortunes of Asia's rich shrinks as weak global trends weigh

The number of rich Asians surpassed North Americans for the first time last year, but their fortunes shrank slightly and still trailed total wealth on the other side of the Pacific.

Here's why Indian wealth managers need to be worried

With high-networth households set to grow five times in five years, a report suggests that foreign wealth managers will seek out Indian clients.