Personal financial wealth has soared over the past two decades – nearly tripling on a global basis from $80.5T at the end of 1999 to $226.4T at the end of 2019. Asia is the fastest growing region, which is forecasted to grow at an annualised rate of 7.4% to reach $60.2T.
To cater to the global expansion of HNWI wealth, wealth managers are leaning towards alternative investment opportunities. Please find some statistics showcasing the industry development in Bite’s latest infographic below.
Bite Infographics – Global expansion of wealth
