Articles tagged with: morgan stanley
Destination India For Morgan Stanley & Its Search For Billionaires
Posted in Concept, Luxury, News on 11 September 2009
Posted in Concept, Luxury, News on 11 September 2009
Last year the world of business took notice. It said India was definitely Asia’s billionaire capital. Come 2009 and the global financial recession, and the top status was to be changed as seen in the Forbes’ billionaires list 2009. That said, the India billionaire club is far from affected. And why not, the previous figure of just 9 in 2004 has changed to 24 this year.
This boost has given a cool business idea to private wealth management module Morgan Stanley. The brand is all set to make a clientele out of these Richie Richs of India in a private investment club. The qualifying factor will be a minimum investible surplus of $1 billion.
