Asia Pacific climbs HNWI league

Merrill Lynch and Capgemini’s Asia-Pacific Wealth Report, also showed that HNWIs in Asia-Pacific looked for diversified asset allocation. They preferred equities and alternative investments and invested almost a quarter of their portfolios into these asset classes. More than half their assets were invested within the Asia Pacific region, over a quarter in North America with the balance spread across Europe, Latin America and the Middle East. The report also revealed the region was home to five of the 10 fastest growing HNWI populations; South Korea, India and Indonesia. The number of ...