Strategic collaboration will enhance wealth management solutions available to domestic and global Indian clients.
Mumbai, April 22, 2025: 360 ONE WAM Ltd (“360 ONE”), one of India’s largest independent wealth and asset management firms, announced today that it has entered into an exclusive strategic collaboration with UBS, one of the world’s leading wealth managers and universal banking firms headquartered in Switzerland. This exclusive strategic collaboration combines 360 ONE’s local knowledge and reach with UBS’s global and regional expertise to deliver enhanced benefits to clients.
As part of this collaboration, it is proposed that clients from both institutions will have access to onshore and offshore wealth management solutions. Potential collaborative opportunities for asset management products and investment banking services will also be explored.
In addition, 360 ONE will acquire UBS’s onshore wealth management business in India through its subsidiaries. UBS will also purchase warrants amounting to 4.95% stake in 360 ONE, demonstrating UBS’s commitment to the fast-growing ultra and high-net-worth Indian market. The entire transaction will be subject to the necessary regulatory approvals.
A joint committee led by senior leadership from both institutions will be established to explore growth opportunities. This is a first step towards a powerful collaboration, which will further enhance the value proposition and unlock synergies for our clients and employees.
Akhil Gupta, Chairman, 360 ONE WAM, said, “This collaboration represents a strategic leap forward for both 360 ONE WAM and UBS AG—one that strengthens our position as a market leader in India and UBS’s offering as the wealth manager of choice for Global Indians. With this transaction, it opens the way for a global, personalized, and sophisticated wealth management experience for both sets of clients as well as significant value enhancement to our employees and shareholders.”
Karan Bhagat, Founder, MD & CEO, 360 ONE, said, “This collaboration marks the beginning of a powerful relationship, which will further enhance 360 ONE’s existing value proposition and add 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.”
Jin Yee Young, Co-Head Global Wealth Management Asia Pacific, UBS 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.”
Mihir Doshi, India Country Head, UBS, said: “We are excited about this strategic collaboration with 360 ONE, which will significantly enhance the local offering for our clients, giving them access to best-in-class wealth-management capabilities, both onshore and offshore. 360 ONE’s robust onshore presence combined with our international Non-resident Indian (NRI) hubs enable us to bring the best of India to the rest of the world and the world to India.”
About 360 ONE WAM
360 ONE WAM is one of the leading wealth and asset management firms in India. We are the investment and financial advisors to 7,500+ relevant families in the Ultra-High-Net-Worth Individuals (UHNI) and HNI segments, with aggregate assets of more than INR 5,79,000 crores (~USD 68 bn) under management. 360 ONE Wealth specialises in empowering ultra-high-net-worth individuals and families to manage, protect, and grow their wealth and legacy. 360 ONE Asset is focused on creating the right risk-adjusted alpha for investors. Its differentiated product suite includes AIFs, PMS, and MFs spanning the asset classes of public and private equity, fixed income, and real assets.
About UBS
UBS is a leading and truly global wealth manager and the leading universal bank in Switzerland. It also provides diversified asset management solutions and focused investment banking capabilities. With the acquisition of Credit Suisse, UBS manages US$6.1 trillion of invested assets as per fourth quarter 2024. UBS helps clients achieve their financial goals through personalized advice, solutions, and products. Headquartered in Zurich, Switzerland, the firm is operating in more than 50 markets around the globe. UBS Group shares are listed on the SIX Swiss Exchange and the New York Stock Exchange (NYSE).
