Schroeders is in the early stages of planning to expand into India and reportedly in talks with a number of possible partners. Already, however, the firm has recruited SV Prasad from Zurich Financial Services, where he was president of the Indian division, to serve as managing director of the new venture.

Schroeders already has offices in the Asia Pacific region, in Australia, Indonesia, Singapore, Hong Kong, Taiwan, Korea and China.

Assets in India’s mutual funds soared 73% in 2006 to $72 billion.

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