It involves such things as the development of customised bond market indexes, and efforts to remove the various small impediments that individual countries have managed, perhaps unintentionally, to put in the way of investors. As just one example, the Pan-Asia Index Fund component of the ABF2 is domiciled in Singapore, but listed in Hong Kong, the first time that has been done in Asia.
For example, in 2010, the median value of financial assets was less than $ for families in the lowest income quintile. Moreover, what wealth low- and middle-income families do have is typically concentrated in housing. For families in the top quintile of income, the value of residential properties accounted for about 15 percent of total wealth in 2010.