At the other end of the scale, in the seventh edition of the annual survey of global prices and living standards, it may come as no surprise that quality of life is perceived to be much tougher in China.
Passive funds track a market index, such as the S&P 500, but may also track a particular sector or part of the market.
Morgan Stanley and Citi remained at third and fourth, respectively, as voted on by participants in the 2018 All-Asia Research Team survey.
According to the AfrAsia Bank Global Wealth Migration Review, the US is the wealthiest country in the world with a total wealth of $62,584 billion, followed by China ($24,803 billion) at the second place and Japan ($19,522 billion) at the third place.
According to Preqin, investor appetite for PE “has remained high in 2018, despite concerns about pricing and future returns” as 92% of investors “indicated at the end of 2017 that they intended to commit as much or more capital in 2018 a
Nonetheless, most careful observers have concluded that the AIIB’s structure, governance, and operating procedures closely mirror those of other MDBs.