Indian businesses ahead of global peers in preference for PE: Report

About 56% of family-owned businesses in India will seek private equity funding as they look to grow their businesses, a new survey found. Globally, just 39% such businesses are willing to partner PE funds, it added. According to India’s Family Business Survey 2019 by audit and consulting firm PwC, 29% of Indian businesses were currently sourcing funds from PE and venture capital firms, against just 16% worldwide. About 25% of Indian family businesses were about to start using PE capital, the report said. PwC interviewed 2,953 family businesses globally for the survey,…

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Why British women are less likely to seek investment advice than US, Canadian peers

David Shopper | Getty Images Women in the U.K. are less likely to reach out for help with their investments than their counterparts on the other side of the Atlantic, according to new research which points to a continued lack of provision in the U.K. advice market. Just over two-fifths (41 percent) of British women say they would ask for financial advice from knowledgeable individuals compared to more than half of women in Canada (57 percent) and the U.S. (53 percent), a study by RBC Wealth Management has suggested. While…

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