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US$2 trillion wiped off global HNW wealth in 2018: Capgemini

After seven consecutive years of growth, global high net worth individual wealth saw a loss of US$2 trillion — marking a 3% year-on-year decline — in 2018, owing to the slump in equity markets and decelerating economies in Asia Pacific, according to Capgemini’s World Wealth Report 2019 published today. “The Asia Pacific region, which had been a recent leader in…

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