High-net-worth individuals are experiencing an average wealth increase of 4.7%, according to recent findings from Capgemini Research. The study also reveals that the population of this group grew by 5.1% in 2023. Elias Ghanem, Global Head of Capgemini Research Institute for money services, joins Wealth! to provide insight into these trends.
Ghanem identifies a significant shift in wealth management strategies among the affluent. “People are slowly but surely moving from wealth preservation… to wealth development,” he observes.
Three key areas have emerged as focal points for funding strategies among the wealthy this year, according to Ghanem: real estate, alternative investments, and private equity. “We’re observing this quite a lot recently,” he tells Yahoo money management, highlighting the move from “safe” to development-oriented avenues.
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