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After the pandemic, investors have become more sophisticated and knowledgeable, leading to a notable increase in capital market participation and risk-taking, says SHIV GUPTA, founder and chief executive officer of Sanctum Wealth, in an email interview with Puneet Wadhwa. Edited excerpts:
How has the wealth management industry evolved in the Asia-Pacific region over the past few years?
The wealth management industry in the region, including India, has undergone remarkable growth in recent years. Singapore and Hong Kong have long been mature financial hubs for offshore wealth, while India has recently emerged as a vibrant market driven by economic