360 One WAM Strikes $36M Deal: Expanding Wealth Management Footprint with UBS India Acquisition

360 One Wealth and Asset Management (360 One WAM) has announced a strategic acquisition of UBS' local wealth management operations in India. The landmark deal, valued at 3.07 billion rupees (approximately $36 million), marks a significant expansion for the Indian financial firm.
The transaction represents a pivotal moment for 360 One WAM, positioning the company to strengthen its foothold in the competitive wealth management landscape. By bringing UBS' onshore business under its umbrella, the firm is set to enhance its service offerings and client portfolio.
This acquisition underscores the growing dynamism of India's financial services sector, with domestic players increasingly making bold moves to consolidate market presence. The deal is expected to provide 360 One WAM with additional expertise and resources in wealth management.
Financial experts view this strategic move as a testament to the robust growth potential in the Indian wealth management market, highlighting the continued attractiveness of the country's financial services ecosystem.