Asia’s rich investors embrace social-impact investments
Friday, October 14, 2016
Asia’s millionaires are the most socially conscious investors among their global peers, according to a new report, with a Indonesians, Malaysians and Chinese the most keen on putting their cash to work for society’s benefit.
But Asian high net worth individuals (HNWIs) are less likely than other regions’ HNWIs to entrust their assets to a wealth manager, the Asia-Pacific Wealth Report, released on Thursday by management consultancy firm Capgemini, found.
HNWIs are defined as individuals with investable assets of at least $1 million. Capgemini described “social-impact investments” as ones that generated benefits for broader society as well as financial gains, and largely looked at data for 2015.
Source: CNBC (link opens in a new window)
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