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Strong investment performance lifts global wealth

Singapore

STRONG investment performance buoyed the wealth of high net worth individuals (HNWIs) globally, driving a global wealth expansion of 8.2 per cent in 2016 compared to 4 per cent previously, despite a slight deceleration in the Asia-Pacific. The portion of wealth managed by wealth managers - estimated at about a third of total wealth - appreciated by a robust 24.3 per cent on average globally, Capgemini's 2017 World Wealth Report has found. In the Asia-Pacific, the appreciation is even more...

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