 "StatsGuru: Wealthy poised to become richer across the world")
The existing wealthy are poised to gain even greater wealth, suggests new research from BCG. As Table 1 shows, Asia-Pacific is a big source of wealth growth - and three-fourths of that came from existing assets.
As Table 2 demonstrates, the lion's share of that wealth growth in the past has come from China. But India is poised to take over, as the rate of wealth generation in China falls sharply in the next five years.
Interestingly, BCG suggests - in Table 3 - that it will be the richest asset segment that will see the fastest growth, a reversal from the past. Table 4 suggests where this money is likely to go. Finally, Table 5 shows what returns have been in the past across various asset classes, along with a conservative extrapolation into the future.
As Table 2 demonstrates, the lion's share of that wealth growth in the past has come from China. But India is poised to take over, as the rate of wealth generation in China falls sharply in the next five years.
Interestingly, BCG suggests - in Table 3 - that it will be the richest asset segment that will see the fastest growth, a reversal from the past. Table 4 suggests where this money is likely to go. Finally, Table 5 shows what returns have been in the past across various asset classes, along with a conservative extrapolation into the future.