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Why Asia Pacific’s HNWIs led a global wealth decline

Jaycee Man
The violent market swings last year had contributed to the biggest loss of population and wealth in Asia Pacific compared to other geographies, a Capgemini survey showed.
Why Asia Pacific’s HNWIs led a global wealth decline

Major market volatility during 2018 proved damaging for he ranks of HNWIs (high-net-worth individuals) across the world. Those in Asia Pacific were struck particularly hard, with both the overall number falling and the average wealth of those that remain dropping after seven years of growth.

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