Asians may lead way in online wealth management

Oct 24, 2012

If Asia becomes the world's private-wealth hub, it may also set the pace in terms of wealth management tech solutions, suggests Scorpio Partnership.

Asians may lead way in online wealth management

Jim O’Neill, chairman of Goldman Sachs Asset Management, is widely credited with coining the acronym 'Bric' in 2001, when he was Goldman Sachs' chief economist. And by 2003, Goldman’s research unit was forecasting that in 2050 Brazil, Russia, India and China would represent a larger economic bloc than the G6.

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