World wealth down 11 percent, fewer millionaires

2009/09/15 01:03:05 @Reuters: Top News

NEW YORK (Reuters) - The 2008 global recession caused the first worldwide contraction in assets under management in nearly a decade, according to a study that found wealth dropped 11.7 percent to $92.4 trillion. div class="feedflare" a href="http://feeds.reuters.com/~ff/reuters/topNews?a=HO4Y7i9O2lk:9Z2WI-38G-c:yIl2AUoC8zA" img src="http://feeds.feedburner.com/~ff/reuters/topNews?d=yIl2AUoC8zA" border="0" /img /a a href="http://feeds.reuters.com/~ff/reuters/topNews?a=HO4Y7i9O2lk:9Z2WI-38G-c:F7zBnMyn0Lo" img src="http://feeds.feedburner.com/~ff/reuters/topNews?i=HO4Y7i9O2lk:9Z2WI-38G-c:F7zBnMyn0Lo" border="0" /img /a a href="http://feeds.reuters.com/~ff/reuters/topNews?a=HO4Y7i9O2lk:9Z2WI-38G-c:V_sGLiPBpWU" img src="http://feeds.feedburner.com/~ff/reuters/topNews?i=HO4Y7i9O2lk:9Z2WI-38G-c:V_sGLiPBpWU" border="0" /img /a /div img src="http://feeds.feedburner.com/~r/reuters/topNews/~4/HO4Y7i9O2lk" height="1" width="1"/
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