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SMSF growth highest in five years
“Source: Financial Standard, December 14th, 2012″
The number of new SMSF funds established for the 2011/12 year was 36,270, the highest in five years and the second highest ever, according to the latest ATO update…
Capgemini and RBC Wealth Management – 2012 Asia-Pacific Wealth Report
“Source: Capgemini and RBC Wealth Management – October 2012″
Asia-Pacific’s HNWI population continued its growth trajectory in 2011, becoming the largest HNWI market globally for the first time. While the world’s population of HNWIs grew just 0.8% in 2011, Asia-Pacific’s gained 1.6% to 3.37m individuals, surpassing North America for the first time, after passing Europe the year before.
Investor cash obsession worries wealth creators
“Source: Financial Standard, November 19th, 2012″
Despite growing speculation that the next bull market run is just around the corner, historically low interest rates, and a call by RBA governor Glenn Stevens for investors to return to shares, investors’ remain unwaveringly committed to cash …