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Asia Pacific overtakes Europe with US$47 trillion in wealth: BCG report

Asia Pacific excluding Japan, overtook Europe to become the world’s second wealthiest region with US$47 trillion in wealth in 2014, tagging behind North America with US$51 trillion in wealth according to the latest Boston Consulting Group’s annual global wealth report. Asia Pacific saw a 29% growth in private wealth in 2014 – up from 27% in the previous year. The…

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