Blue and Green: Globally private financial wealth grew by 14.6% in 2013 reaching $152 trillion (90tn), according to a report from the Boston Consulting Group (BCG). However, it adds that wealth managers will continue to face challenges in order to boost both revenues and profits.
The report Riding a Wave of Growth: Global Wealth 2014 is the organisations fourteenth annual report looking at the global wealth management industry.
The growth experienced in 2013 was significantly higher than the 8.7% recorded...