In a strategic association, WAM announced that it will acquire the heritage management business in the Indian land of UBS, while UBS will receive a 4.95% participation in WAM.
360 One Wam Ltd, one of the largest asset administrators of the wealth and the alternatives of India, reported an increase of 3.6 percent year -on -year profits after taxes, reaching ₹ 250 million rupees for the fourth quarter that ended on March 31, 2025.
For the full fiscal year 2025, the company registered a jump of 26.6 percent in profits after taxes to ₹ 1,015 million rupees, while total revenues increased 35 percent to ₹ 2,652 million rupees. Annual recurring income assets under administration (Rard Aum) grew 23.2 percent year -on -year to ₹ 2,46,828 million rupees, demonstrating the company’s approach to stable income flows.
In a significant strategic movement, 360 One Wam announced an exclusive collaboration with UBS AG to improve heritage management solutions for national and global Indian clients. As part of this agreement, 360 One Wam will acquire the Elder heritage management business in UBS, while UBS will obtain convertible orders that represent a 4.95 percent participation in the Indian company.
The company’s heritage management division increased its Rard Aum by 27 percent year -on -year to ₹ 1,62,433 million rupees, with particularly strong growth in its 360 One Plus proposition (39 percent year -on -year). The company succeeds in 440 high -value customers duration of fiscal year 200 and maintained a significantly low or 1.7 percent client dropout rate.
The AUM of asset management segments grew by 17 percent to ₹ 84,395 million rupees, mainly driven by the growth of listed equity, private capital and personalized stockings of multiple asetios.
The shares of 360 One Wam Ltd ended today in ₹ 1,057 in ₹ 43.10 or 4.25per cents in the NSE.
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Posted on April 23, 2025