High-net-worth individuals in the region will lead the world in population and accumulated wealth as early as next year. They are becoming more digitally focused, too, finds a survey.
Tag : rbc wealth management
Growth in the number and wealth of high-net-worth individuals in Asia will outstrip North America within three years, although it will be a tight race, finds a benchmark survey.
The world’s most populous region for high-net-worth individuals sees its community grow marginally, despite declines in Hong Kong and India on the back of stock market slumps.
The region has surpassed North America for the first time, but while the global HNWI population rose last year, total wealth declined.
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The wealth division of the Royal Bank of Canada has named Hilary May to lead RBC Trust Company Singapore. It is also promising more senior hires in emerging markets.
