Wednesday 19 September 2012

ASIA’S HNWIs

The Asset

STABLE GROWTH, ENTREPRENEURSHIP FUEL RISE OF ASIA’S AFFLUENT, SAYS REPORT

The Asset, September 19, 2012

Asia-Pacific’s healthy gross domestic product (GDP) growth and strong base of entrepreneurship helped the region overtake North America as home to the largest population of high net worth individuals (HNWIs) in the world, according to the Asia-Pacific Wealth Report 2012 released by Capgemini and RBC Wealth Management. The report provides HNWI market sizing with a review of economic drivers, market performance drivers and HNWI investing behaviors in the Asia-Pacific region.

The report finds that Asia-Pacific’s HNWI population grew by 1.6%, twice the global population rate in 2011, reaching 3.37 million HNWIs and surpassing North America for the first time. Asia-Pacific had seven of the top 20 fastest-growing HNWI populations globally in 2011, down from eight in 2010 and 14 in 2009. HNWI population growth was steady but uneven, with robust growth in Thailand (12.8%), Indonesia (8.2%), China (5.2%), and Japan (4.8% t) offsetting significant declines in the key markets of India (of 18%) and Hong Kong ( 17.4%) which had led growth in the last two years.

The report also notes that wealth is increasingly concentrated geographically in the region, with 76.1% of HNWIs located in Japan, China, and Australia in 2011, up from 74.4% in 2010.

(...) [artículo aquí]

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