Global high-net worth wealth grew by 4 percent in 2018. This growth is far below past years as a more challenging market environment negatively affecting asset performance. Wealth Management business valuations decreased by more than 20% in 2018. Kai Upadek, Head of Wealth Management, Oliver Wyman and Kinner Lakhani, Head of European Equity Research & European Banks Strategist, Deutsche Bank discuss the outlook.
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