The latest World Wealth Report by Capgemini and RBC Wealth Management shows there was a slight increase in the global high net worth population since 2011, particularly in the Asia Pacific region.
Now in it's 16th year, the report shows that while their combined investable wealth has declined, the number of HNWIs in this region expanded 1.6% to 3.37 million in 2011, making Asia Pacific the largest HNWI population for the first time and surpassing North America’s HNWI population of 3.35 million. The report found that the global economic uncertainty has driven many investors to safe haven assets. Economic drivers of wealth were also diversified in 2011, affecting asset classes and producing varied results, with equity and commodity performance on the decline, tangible investments l...
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