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Asia-Pacific’s HNWI population exceeds Europe for the first time at 3.3 million

Asia-Pacific’s population of high net worth individuals grew by 9.7% to 3.3 million in 2010, exceeding Europe’s for the first time and placing the region as the world’s second-biggest market after North America, according to the 2011 Asia-Pacific Wealth Report by Merrill Lynch Global Wealth Management and Capgemini. Asia-Pacific wealth, which overtook Europe in 2009, gained 12.1% to US$ 10.8…

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