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Opinion

Asian wealth -- how not to lose it

Families must learn to manage fortunes or risk repeating mistakes of Western counterparts

| Southeast Asia
Asia's wealthy may find managing their fortunes takes more skill than building them.   © Reuters

Asian wealth is now only exceeded by North America's. Financial investments and real estate held by Asian millionaires now totals over $20 trillion and growing at around 20% a year. According to data from Capgemini SE, almost 2,000 new Asian millionaires are minted every day.

Every new name increases the challenges of preserving and growing this wealth - and the potential opportunities in managing these assets.

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