The Boston Consulting Group

As for the Asia-Pacific region to provide fund management services to wealthy financial giant, UBS and Citigroup private banking sector for its customers set up a project the children. Boston Consulting Group (The Boston Consulting Group) in June this year, a report released in the next four years, the wealth of the region will double the growth in global economic growth.

Jungkiu Choi 23 this month, said in an interview in Singapore: “For billionaires, the next generation grow up to be their primary concern. And the simple inheritance of their children over wealth, acquire knowledge, skills, business intelligence, and ability is more important. ”

PricewaterhouseCoopers Asia Pacific head of wealth management business, said Justin Ong, private banking sector risks are often overlooked in the event of these children of wealthy clients. In 2009, a report by PricewaterhouseCoopers, nearly 40% of the Asian private banking clients do not know when the transfer of wealth, their children, how much money actually held.