Qatar’s financial wealth grew by a compound annual growth rate (CAGR) of 3.6% to $263bn during 2015-20 and is expected to grow 3.1% CAGR to $306bn by 2025, indicating the Gulf country's resilience amidst the protracted Covid-19 pandemic, according to Boston Consulting Group (BCG). Of the $263bn, which represented 12% of the Gulf Co-operation Council’s (GCC) financial wealth in 2020, the BCG report ‘Global Wealth 2021: When Clients Take the Lead’, found that 76% of it is in investable nature. Financial assets consist of cash and deposits; bonds, equities, and investment fund shares; life insurance and pensions; and other small asset classes. The onshore asset allocation shows that equities
Hence then, the article about qatar s financial wealth to reach 306bn by 2025 bcg was published today ( ) and is available onGulf Times ( Qatar ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Qatar’s financial wealth to reach $306bn by 2025: BCG )