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Hong Kong, Singapore share of global offshore assets to reach 23% by 2020

Offshore assets booked in Hong Kong and Singapore increased by 10% in 2015 – more than any other major offshore centre – with both cities pegged to increase their share of offshore assets by an average annual growth rate of 10% between now and 2020, according to Boston Consulting Group’s latest Global Wealth report.  Overall, private wealth booked in offshore…

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