| According to the Wealth Report-2016 released by Karvy Private Wealth (Karvy) , the Asia-Pacific region was expected to lead the wealth management sector at the global level. As estimated by Karvy, by the year 2025, around 40% of the world’s wealth would be generated by the Ultra High Net-worth Individuals (UHNI)  of the Asia-Pacific region, followed by those in North America. The report also observed that in comparison with the fiscal year 2014, the global private financial wealth had grown by 5% (equivalent to $US168 trillion) in the fiscal year 2015 (in 2014 it was 12%)... | 
                                      
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