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Julius Baer: Millennial spending habits will change the investment landscape

Millennials will soon enter their “prime earnings capacity and consumption age” and their distinct spending behaviour is set to change the investment environment, according to Julius Baer’s latest wealth report for Asia. “No working class has ever started their work life with such an abundance of wealth,” Bhaskar Laxminarayan, Asia CIO and regional head of investment management at Julius Baer,…

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