Wealth managers see turnaround in net new money

Jul 9, 2013

Global private banks saw an average increase in inflows of 23.7% last year, driving industry AUM to $18.5 trillion, finds Scorpio Partnership. But the top 20 are pulling away.

Wealth managers see turnaround in net new money

Global wealth managers saw a dramatic turnaround in net new money last year, with the majority now sourced from emerging markets, according to Scorpio Partnership.

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