Question
Where is personal wealth management more skewed
towards?Solution
Personal Wealth Management (PWM): Management of personal assets for high-net worth individuals.. PWM takes place in established global financial centres, but is more skewed towards specialised or niche financial centres like Switzerland, Luxembourg, and Monaco EU and Africa; Caribbean offshore centres for the US and Latin America; Bahrain and Dubai for the Middle East; Singapore, Hong Kong and some Pacific Island offshore centres for East/North Asia.
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