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LGT forays into the Indian wealth management market

October 21, 2022

LGT forays into the Indian wealth management market
LGT, the international private banking and asset management group owned by the Princely House of Liechtenstein, forayed into Indian wealth management through its Indian entity, LGT Wealth India.

LGT Wealth India has already employed more than 200 staff and has a presence in fourteen cities across India. With LGT Wealth India, LGT is gaining a foothold in the Indian wealth management market and is further strengthening its Asia presence.

As of June 30, 2022, LGT managed assets of $ 297.4 billion for wealthy private individuals and institutional clients. LGT employs over 4500 people from more than 20 locations in Europe, Asia, the Americas, Australia, and the Middle East.

Atul Singh, the managing director & CEO of LGT Wealth India, said that LGT India aims to offer a fresh approach to wealth management. “The plan is simple: put our clients first by providing a transparent service designed around what is right for them. We have attracted some of the industry stalwarts and best talent, drawing together in-depth experience across multiple asset classes.”

H.S.H. Prince Max von und zu Liechtenstein, Chairman LGT, said the bank’s culture is characterized by clear values which enable us to pursue a distinct strategy and provide us with a strong identity. “Empowering our clients to realize their unique goals and aspirations is our objective. As a private, family-led company that my family has owned, the Princely House of Liechtenstein, for over 90 years, we have always valued long-term collaboration over short-term growth.”

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