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SG, HK cross-border assets may cross US$3.3T mark by 2023: BCG

In 2018 — the worst year for stocks in a decade — personal financial wealth in Asia grew by 7.1% to US$37.2 trillion, according to Boston Consulting Group’s Global Wealth 2019 report. By stark contrast, global personal wealth notched up by 1.6% to reach US$205.9 trillion in 2018, far lower than the 7.5% recorded the year prior, having suffered from…

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