Source: Financial Standard – June 27th, 2017

The first snapshot results of the 2016 Census have been released by the Australian Bureau of Statistics and for the wealth management industry they paint a picture of a rapidly changing nation and marketplace. Read more

 “Source: Capgemini  – October 2016″

– Asia-Pacific overtook North America in High Net Worth Individual (HNWI) wealth for the first time in 2015 – building upon its lead in the HNWI population;

– Japan and China proved to be the engines of Asia-Pacific and global growth, together driving about 90% of Asia-Pacific HNWI growth and 60% of global HNWI population growth in 2015;

– India and China represent nearly 10% of global HNWI wealth and account for almost 19% of the  global increase in net wealth since 2006, adding US$4 trillion during the time;

– Ultra-HNWI in Asia-Pacific expanded their ranks and wealth more quickly than all other wealth bands; and

– Asia-Pacific HNWI wealth could surpass US$42 tillion by 2025, propelled by the Emerging Asia markets of China, India, Indonesia and Thailand.

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“Source: Capgemini  – June 2016′

– Asia-Pacific surpassed North America for the first time to become the region with the largest amount of High Net Worth Individual (HNWI) wealth. Buoyed by Asia-Pacific, the global HNWI population and wealth grew by 4.9% and 4.0% respectively during 2015. Faltering growth in the Americas constrained global HNWI wealth expansion;

– Ultra-HNWI wealth, long a driver of overall HNWI wealth, did not provide its usual boost in 2015;

– Japan and China emerged as engines of global growth with double-digit increases in both HNWI population and ultra-HNWI wealth growth; and

– By 2025, global HNWI wealth is projected to triple its 2006 level to reach over US$100 trillion due mainly to the growth in wealth in the Asia-Pacific region.  

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