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Chinese billionaire turnover points to greater demand for delegation

Although China’s overall wealth generation outlook remains robust – as evidenced by net increase of 30 billionaires – a new report by UBS and PwC reveals that the country’s ‘new economy’ is now the engine of mega-wealth growth and that billionaires are undergoing a change in their investment behaviour. According to the UBS’ Greater China head of Wealth Management, Amy Lo,…

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