UBS acquires 4.8% stake in wealth manager 360 ONE WAM through warrant exercise

UBS has acquired a 4.8% stake in 360 ONE WAM by exercising warrants and paying approximately Rs 1,584 crore. This move follows a partnership announced in April 2025, where UBS agreed to sell its Indian onshore wealth management business to 360 ONE WAM for about $32 million. The acquisition is significant as it deepens UBS's ties with 360 ONE WAM, a key partner in its Indian wealth management operations. This partnership could have implications for the Indian wealth management market, potentially leading to increased competition and innovation.

Why it matters

UBS has acquired a stake in 360 ONE WAM, indicating confidence in the wealth management sector. This move could lead to increased investment and growth in the industry.

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