Julius Baer luxury lifestyle index

Rich parents with smart children are feeling the pinch across Asia, with top-flight overseas university fees rising a whopping 18 per cent a year, to US$60,000, for establishments such as Harvard and Oxford.

Something called a sculpted liquid facelift, under the heading "facial aesthetics", costs US$19,370, while the Cohiba Siglo VI - a coveted Cuban cigar - comes in at the relative bargain price of US$772.

This and more is revealed in the 2012 Julius Baer Lifestyle Index, which tracks changes in the cost of luxury items in Hong Kong, Singapore, Shanghai and Mumbai.

via Business feed http://www.scmp.com/business/article/1054719/wealth-blog-julius-baer-luxury-lifestyle-index