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Despite a drop in cash holdings from 43.8% in 2014, Japanese HNWIs held 37.1% of their financial assets as cash and cash equivalents as compared to a global average of 25.6% in 2015

Note: Asset classes include: cash/deposits; equities; real estate excluding primary residence; fixed income; and alternative investments which include structured products, hedge funds, derivatives, foreign currency, commodities, and private equity; Chart numbers may not add up to 100% due to rounding

Source: Global HNW Insights Survey 2018, Capgemini

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