Asians tipped to win wealth race with North America

Asian high-net-worth individuals will overtake their North American counterparts within three years, both in terms of population and wealth, finds a survey by RBC Wealth Management and consultancy Capgemini. Asian wealth accumulation is forecast to rise 32.5% to $15.9 trillion in 2015 from $12 trillion in 2012, even as investors in the region continue to exhibit cautious investing behaviour due to market uncertainty. The population of wealthy Asians grew 9.4% year-on-year in 201…