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Asia-Pacific high-net-worth population overtakes North America

Asia-Pacific is now home to the largest population of high-net-worth individuals (HNWI), defined as those with investable assets of US$1 million or more, surpassing North America for the first time. According to a recent report by the Royal Bank of Canada Wealth Management and Capgemini, the HNW population in Asia-Pacific totalled 3.37 million in 2011, up 1.6% from 2010, compared…

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