Reported 11 months ago
Ultra high net worth individuals globally are expanding wealth by 4.7% in 2023, with the population rising 5.1%. Last year, individuals focused on wealth preservation, but this year, they are shifting towards wealth growth. Investments are moving from cash to fixed deposits, real estate, and alternative investments. In terms of riskier elements, people are starting to take bets on tech stocks, real estate, private equity, and cryptocurrencies. The key is a cautious but gradual move towards riskier investments amidst a complex geopolitical landscape.
Source: YAHOO