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Domestic equities eroded Taiwan’s wealth creation in 2011: BCG

In its latest annual wealth report, the Boston Consultancy Group (BCG) has found that 2011 was a particularly difficult year for Taiwanese HNWIs with Taiwan’s private wealth growing slower than the global average. The U.S.-based management consulting firm found that global private financial wealth grew a mere 1.9 percent in 2011 to US$122.8 trillion, owing largely to economic uncertainty and…

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