05/28/2019

Baby boomers can get protection against economic downturn

In developed markets, the over-65 age group is growing around three-times faster than younger generations, while baby boomers and seniors can own from two thirds to as much as three-quarters of the wealth in many countries.

05/27/2019

Study finds rich prefer long-term, sound investments

Ping An noted that private equity products made up around a fifth of assets held by its rich clients, indicating that some will transfer funds to professional institutions to invest in the capital market in addition to their own stock buying.