India in and Spain out of world wealth rankings

clock • 1 min read

Despite persistent fears of debt spreading around the globe, the number of affluent individuals worldwide are predicted to rise by as many as 20 million per year. India is tipped to climb within the top 10 wealth markets' table.

What's more, Ireland's wealth market is forecast to make a "remarkable recovery" which will see it outperform the other PIIGS economies. While the UK and US, in particular, are expected to perform strongly. These latest findings come from Datamonitor in its newly published Global Wealth Market report. Datamonitor says that 2011 was the worst year for the global wealth market as the Eurozone crisis, natural calamities and stock market volatility all took their toll.  And while there remains signs of "rocky times ahead", its research shows that many markets are expected to perform surprisi...

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