A study conducted in 2007 by Merrill Lynch and consulting firm Capgemini Group found that the rich are getting richer worldwide, The Hamilton Spectator reports. Last year, people worth more than $1 million increased 6% to around 10.1 million.


Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.