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Source: Robert McCann Vice Chairman and President Global Wealth Management Merrill Lynch & Co. Inc.
Merrill Lynch Global Wealth Report 2008
"The US economic slowdown weighed heavily on key mature regions. However strong performances in emerging markets boost high net worth individuals gains around the globe....world growth was strong in 2007 and drove sold increases in both HNWI populations and overall wealth"
"Growth in global HNWI wealth of 9.4 from the previous year"
"Emerging markets (showed) the greatest...gains"
"50% more cash available in Russia"
"still strong...emerging markets are likely to sustain high levels of growth"
"globally direct commercial real estate investments rose 8.4%"
"as signs of financial market recover appear, we project that high net work individuals will likely return to their pursuit of high returns, particularly in emerging frontier markets - such as the Caribbean"
"despite rising cost and financial market turmoil, high net worth individuals did not give up expensive purchases" IE Luxury purchases including property and travel.
Download the pdf report here - http://www.ml.com/media/100502.pdf
If you are interested in looking at a fantastic off plan opportunity in the Caribbean then go to:-www.sotograndepropertysales.com and view our International section..
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