Joining the bandwagon

Private Banking - Private equity


As Asians find themselves increasingly wealthy, they have been looking for new regions and asset classes in which to further grow their riches. Asia-Pacific high-net-worth individual (HNWI) wealth represented $7.6 trillion, or 22.9%, of the total global individual wealth pool of $33.2 trillion in 2005, according to last year's Merrill Lynch/Capgemini Asia-Pacific Wealth Report.

And private equity has benefited from this rise in Asian wealth. Private bankers say they have seen significant flows of

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