HNWI build Asia exposure and cut NorAm weighting

High net worth individuals (HNWI) are building up their exposure to Asia and cutting back their North American weightings, according to the latest research by Capgemini and Merrill Lynch. Their 10th annual World Wealth Report suggested the number of HNWI globally grew by 6.5% to 8.7 million in 2005 with their combined wealth going up by 8.5% to $33.3 trillion. While North America retained its position as the most popular region for investment, the report found that investors' interest in the region has decreased. Having been negative on the dollar in 2004, HNWI decreased their North Ame...