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PR Newswire
03-07-2014, 11:51 AM
(03-07-2014, 11:30 AM)Drizzt Wrote: SINGAPORE - The "emerging affluent" class, or those with $50,000 to $200,000 of investible assets, is one of the fastest-growing segments here and in the Asia Pacific, said Citibank Singapore.
About 500,000 are in this bracket here, and this segment is tipped to expand 10 per cent year-on-year in the next three years, according to market research agency Datamonitor.
Their liquid assets are also projected to grow 10 per cent annually in the next three years
mass affluent get what:
- special queue in bank branches (no need)
- targeted marketing for wealth mgt products.
I will pass if I qualify.
"... but quitting while you're ahead is not the same as quitting." - Quote from the movie American Gangster