Inflation Rate Continued To Ease Throughout July

Well, it's officially a record-breaking winter to the East Coast, with snowfall dumping over 57 inches in New York City alone! It's been a record-breaking season for the economy at the same time, while using prolonged recession-like conditions continuing to discover many Americans trying to find cover through the on-going financial storm. According to a recently available CBS Poll, almost 60% of Americans believe we are STILL in a recession, which a genuine recovery has YET to start out.




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How did the Asia ex-Japan wealth managers fare compared with their counterparts? This region did the top in 2011 in net new assets generation which rose ten percent, helped by rising wealth, better front-office capabilities and much more proactive Relationship Managers (RM). However, the cost-to-income-ratio along with the return on assets failed to fare as well as the other regions although revenue per RM may be rising during the past a couple of years in Asia ex-Japan.




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