Jones Lang LaSalle is among those setting up teams in Asia to service wealthy individuals in response to rising interest in real estate.
The ranks of the truly wealthy have swelled, with Asia leading the recovery, according to the Merrill Lynch Global Wealth Management/Capgemini World Wealth Report.
And appetite for risk among wealthy Asians is set to rise in the next two years, with many likely to seek financial planning and advisory asset-management services, according ...
Perhaps understandably, Asian high-net-worth individuals are more bullish about their prospects than their Western counterparts, according to a Barclays Wealth survey.
Merrill Lynch says wealth managers have a new target in Asia – the so-called emerging rich, particularly in China, India, Vietnam and Thailand.
Agricultural commodities, emerging markets, infrastructure and energy, and distressed assets will be beneficial to portfolios of high-net-worth individuals, says Citi Private Bank.