UBS has entered into a partnership with India-based 360 ONE WAM, enabling the Swiss financial services provider to strengthen its presence in India’s wealth management sector.
This collaboration will see UBS leverage its international expertise alongside 360 ONE’s local market knowledge to offer enhanced wealth management solutions for ultra and high-net-worth clients (UHNWIs).
Subject to regulatory approvals, the partnership will allow clients from both UBS and 360 ONE access to a broad array of onshore and offshore wealth management services.
UBS global wealth management Asia Pacific co-head Jin Yee Young said: “We are proud of this latest milestone and convinced that this strategic collaboration with 360 ONE will help accelerate our momentum in one of the world’s most significant and fastest-growing markets.
“Together, we are best placed to serve our global Indian clients wherever they are as they seek greater opportunities, both domestically and globally.”
The alliance will also explore joint opportunities in asset management products and investment banking services.
As part of the agreement, UBS will transfer its onshore wealth management operations in India to 360 ONE, while clients registered in Singapore will be managed by UBS Singapore.
Additionally, UBS will acquire warrants for a 4.95% equity stake in 360 ONE.
A joint committee consisting of senior executives from both organisations will be established to identify and pursue growth opportunities.
360 ONE founder, MD, and CEO Karan Bhagat said: “This collaboration marks the beginning of a powerful relationship, which will further enhance 360 ONE’s existing value proposition and adding synergies for our employees, clients and shareholders.
“It is also a strong reflection of India’s growing prominence on the global wealth map. Clients of 360 ONE and UBS AG will benefit from a unique blend of global expertise and local insight—delivered through a platform that remains deeply committed to personalisation, trust, and long-term value creation.”
360 ONE is said to advise over 7,500 ultra-high-net-worth individuals and families with assets exceeding $68bn. The firm focuses on helping UHNWIs manage, protect, and grow their wealth through a diverse range of asset classes.
Headquartered in Mumbai, 360 ONE operates with over 1,200 employees across five major global financial centres and 27 locations within India.
