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Julius Baer estimates Asian HNW wealth to triple by 2015; targets to capture this growth by aiming to have 25% of their assets from Asia in this time frame

Wealth managers in Asia need to generate minimum of 9% returns on portfolios to enable their ultra rich clients to enjoy a luxurious lifestyle throughout their life and sustain the high cost of living for the rich in this region, indicates the inaugural Julius Baer Asia wealth report and lifestyle index. At the same time, the report acknowledges an important fact…

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