Strategic Wealth Management Collaboration: UBS and 360 ONE WAM
Cyril Amarchand Mangaldas has advised UBS in forging a significant strategic alliance with 360 ONE WAM Limited, aimed at enhancing wealth management services across India and international markets. This collaboration will leverage the in-depth local expertise of 360 ONE WAM alongside the global and regional resources of UBS to provide clients with superior wealth management solutions.
Access to Diverse Wealth Management Solutions
Pending regulatory approvals, this partnership will allow clients to benefit from an array of onshore and offshore wealth management options. The collaboration is poised to deliver tailored financial strategies by blending localized knowledge with international experience.
Leadership and Transaction Oversight
The strategic direction for this transaction was provided by Cyril Shroff, Managing Partner at Cyril Amarchand Mangaldas. The transaction was spearheaded by:
- Ramgovind Kuruppath, Partner
- Archit Bhatnagar, Partner
Supporting team members included:
- Utkarsh Jhingan, Senior Associate
- Nikita Singhi, Senior Associate
- Divyansh Sharma, Associate
- Varnika Pasricha, Associate
Advisory Teams and Specialized Contributions
The advisory team’s contributions extended across various aspects of the transaction:
- Regulatory aspects were overseen by Rutu Gandhi and Jian Johnson, with assistance from:
- Pratiksha Arekar, Senior Associate
- Havish Gotecha, Associate
- Kritika Tailor, Associate
- Aastha Vyas, Associate
- Unnati Maheshwari, Associate
- Yusuf Kathawala, Associate
- Strategic inputs regarding SEBI-related guidelines were provided by Ranganayakulu Jagarlamudi, Senior Advisor.
- Competition law evaluations were led by Avaantika Kakkar, with support from Kaustav Kundu and their team.
- Tax-related advisory was managed by Kunal Savani and his team.
- International arbitration insights were offered by Shaneen Parikh.
Due Diligence Efforts
The thorough due diligence process involved:
- Corporate, Litigation, and Finance due diligence led by:
- Ramgovind Kuruppath, Partner
- Archit Bhatnagar, Partner
- Utkarsh Jhingan, Senior Associate
- Nikita Singhi, Senior Associate
- Divyansh Sharma, Associate
- Shrudula Murthy, Associate
- Varnika Pasricha, Associate
- Employment law due diligence conducted by: Abe Abraham and his team.
- Regulatory diligence by Rutu Gandhi, Jian Johnson, and their supporting associates.
Conclusion
This collaboration between UBS and 360 ONE WAM marks a significant step in enhancing wealth management offerings. By integrating local and global expertise, clients can expect a more comprehensive range of wealth management solutions tailored to their unique needs.
