Resonating with and witnessing firsthand the growing consumer class in Asia, the region’s HNWIs invested approximately US$200 million in a Mirae strategy focused on the theme. Mirae Asset’s Asia Great Consumer Fund raised the amount in 2014, according to a source. When contacted, a spokesperson did not comment on the figure. Growth of the region’s consumer class and their purchasing power has been indisputable…
Have a confidential tip? Get in touch [email protected]