Merrill Lynch and Capgemini Release 12th Annual World Wealth Report
24 June 2008
NEW YORK, June 24, 2008 — Driven by market capitalization growth in emerging economies, the wealth of the world’s high-net-worth individuals (HNWIs1) increased 9.4 percent to U.S. $40.7 trillion in 2007, according to the 12th annual World Wealth Report, released today by Merrill Lynch (NYSE: MER ) and Capgemini. The number of HNWIs in the world increased 6 percent in 2007 to 10.1 million, the number of ultra-high-net-worth individuals (Ultra-HNWIs2) increased by 8.8 percent, and for the first time in the history of the Report, the average assets held by HNWIs exceeded U.S. $4 million.
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High-Net-Worth Individuals Rank "Luxury Collectibles" as Top on List of "Investments of Passion"
11 July 2007
NEW YORK, July 11, 2007 — As the world’s 9.5 million high-net-worth individuals (HNWIs) develop an increasingly more global outlook with diversified interests, “investments of passion” have become an important portfolio allocation, according to the 2007 World Wealth Report, issued recently by Merrill Lynch (NYSE: MER) and Capgemini. These investments of passion include: luxury collectibles (automobiles, boats, aircraft), jewelry, art, sports-related investments (professional teams, sailing, racehorses) and other collectables categories (wines, antiques, coins, etc.).
Wealth Management Service Models Must Evolve as Needs of High Net Worth Individuals Grow Increasingly Complex
27 June 2007
NEW YORK, June 27, 2007 — The annual World Wealth Report, issued today by Merrill Lynch (NYSE: MER) and Capgemini, found that wealth management firms are moving toward more dynamic, needs-based client service approaches, applying advanced segmentation and analysis to the traditional assets under management (AUM) model that was once embraced as industry standard.
