Julius Baer Asia Wealth Report –
Understand the Asian Wealth Management Landscape
Third Julius Baer Wealth Report: Asia
Now in its third year, the Julius Baer Wealth Report continues to focus on Asia, providing a comprehensive and exclusive analysis of the HNWI landscape in the region. Historically the Index covered Hong Kong, Singapore, Shanghai and Mumbai. This year new cities have been added including a comparison of luxury goods and services costs across Manila, Jakarta, Seoul, Taipei, Kuala Lumpur, Bangkok and Tokyo for the first time. It provides a cross section of data divided into ‘goods’ and ‘services’ for comparative purposes.
Julius Baer Lifestyle Index
The Julius Baer Lifestyle Index, now in its third year, tracks the price of a basket of luxury goods and services, indicating the true cost of living in luxury. The frequently cited index has, this year, been expanded to cover eleven key Asian economic centres, as well as continue to track the essential luxury basket across our original cities of Hong Kong, Singapore, Shanghai and Mumbai. We compare the data across the full set of cities, setting the stage for the expanded index in the years to come.
Living and investing in an inflationary world
The theme of this year’s Wealth Report is the Julius Baer Lifestyle Index. In keeping with previous year’s outcome, the 2013 result continues to show that the cost of living for high net worth individuals in Asia outpaces standard measures of inflation. There have been some profound differences since Julius Baer launched the Lifestyle Index. Namely, the number of central banks engaged in actively expanding their balance sheets has reached an unprecedented scale, raising the spectre of inflation in a serious way. How can investors protect themselves against inflation risk and can hedge funds help to hedge inflation?
We cordially invite you to explore the third Julius Baer Asia Wealth Report. Your relationship manager will be happy to provide you with your personal copy (available in English and Simplified Chinese) as well as personal support when it comes to allocating wealth to this region. Today we are well-positioned to offer you a full range of services and investment solutions tied to these markets.
The fourth edition of the Julius Baer Asia Wealth Report is planned for second half of 2014.