Despite a stellar year for private banks in Asia, including an 11.4% growth in assets under management (AUMs) amongst the top ten private banks in the region by AUMs, this was still outpaced by surging high net worth (HNW) wealth in the region which experienced a colossal 30.5% increase in 2013. The wealth of Asia Pacific ex-Japan’s households reached US$37…
Asian high net worth wealth surged 31% in 2013
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