# Wealth creation spreads beyond metros: Julius Baer India 2026-08-18T02:32:26+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 1 independent outlet Julius Baer, the Swiss wealth manager with assets under management of CHF 547 billion ($672 billion), plans to double its business in India over the next five years. Rahul Malhotra, Region Head for Emerging Markets at Julius Baer, told businessline that wealth creation is now happening across the country, not just in major metros. The bank is adopting a hub-and-spoke model, with Pune serving Maharashtra and Goa, Jaipur covering neighbouring markets, and additional hubs in Bengaluru and Chennai. Malhotra said Indian clients are increasingly looking offshore, with the proportion of wealth kept abroad rising from 5-7 per cent four to five years ago to 10-15 per cent now, and up to 20 per cent for some families. On investment trends, Malhotra described direct investing as 'somewhat overhyped', warning that investors rarely discuss losses. He said high-net-worth individuals are turning to fixed income, REITs, InvITs, structured products and alternatives as equity returns have slowed over the past 18 months. ## Coverage - thehindubusinessline.com This story was synthesised by AI from the source linked above. Tags: HNIs, India, Julius Baer, offshore investments, Rahul Malhotra, wealth management Canonical: https://indianopinion.org/wealth-creation-spreads-beyond-metros-julius-baer-india/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/wealth-creation-spreads-beyond-metros-julius-baer-india/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes. How this brief was made: an AI model read the report linked above and wrote this summary and analysis, which were published automatically. Published briefs are sampled every hour by an automated quality check; the editor verifies its findings and approves corrections, and corrected briefs carry a dated correction line. We do no original reporting. Methodology: https://indianopinion.org/ai-use-policy/