How do you make money in an era of low inflation and converging international markets? It is a vexin...
How do you make money in an era of low inflation and converging international markets? It is a vexing question for many millions of private investors who have grown accustomed to double-digit stock market returns and who must now consider that these returns may sink below 10% for the first time in five years. Private investors have accumulated more assets in a decade-long bull market than they know what to do with. The total wealth of high-net-worth individuals worldwide at the end of 1999 was estimated at close to $25.5 trillion by the Merrill Lynch/Gemini Consulting World Wealth report....
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes