Asia's wealthy lose $2.1 trillion in volatile markets, according to report

News

The combined wealth of Asia Pacific's high net worth individuals (HNWIs) fell by $2.1 trillion - or 22.3% - to $7.4 trillion after a year-long period of exceptional volatility, according to the 13th annual World Wealth Report, produced Merrill Lynch Global Wealth Management and Capgemini.

The fall in wealth was of unprecedented size for the region, with only North Americans seeing a larger fall in their worth - their wealth fell by 22.8% to $9.1 trillion in the past year. Globally, the number of

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: