Family offices seek foreign partners as HNIs keen to invest outside India

A surge in international investing by high net-worth individuals (HNIs) is pushing family offices in India to enter into foreign partnerships to deliver advice on investing in global markets.

In May, Waterfield Advisors, which manages assets worth around $3.7 billion across 70 families in India, tied up with Zephyr Management, a US-based firm to manage international investments of its clients. Other family offices have also forged alliances with advisers in the US and Singapore.

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