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The data comes at a time when the PMS industry is set to undergo some major changes, such as doing away with upfront commission and moving to all trail model.

A family office set up is a must for families having a net worth of $100 million and above.

IIFL Wealth ended with a gain of 5% on the very first day.

Indian super rich have 28% exposure to fixed income, says a family office report.

The PMS invests in big brands to generate returns.

A deep dive in to market neutral and arbitrage strategies used by hedge funds.

Five out of the total 16 largest deals in August 2019 were in infrastructure and real estate sectors, the report released by EY and IVCA.

August 2019 records investments worth US$4.4 billion, 39% more than August 2018.

Investment advisers and PMS can provide a significant boost to onshoring the fund management industry in India, believes SEBI.

Unlike mutual funds, which are public offerings, AIFs are offered to a limited group of investors.

While multicap strategies have delivered CAGR of 25% over the last five years, large cap and mid & small cap PMSs generated CAGR of 17% and 16% in the corresponding period respectively, according to PMS AIF World data.

Experts believe that the move would encourage venture capitalists to invest in Indian start-ups.