Sunday 01, November 2009 by

Asia’s HNWIs fall by 14 per cent to 2.4 million

Asia Pacific's population of high net worth individuals (HNWIs) fell 14.2 per cent to 2.4 million in 2008 amid a global economic downturn and market volatility, according to the Asia-Pacific Wealth Report from Merrill Lynch Global Wealth Management and Capgemini. The combined wealth of the region's HNWIs dropped 22.3 per cent to $7.4 trillion.

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