Surveyed family offices identified rate volatility as the top danger to the economy, with 37% of respondents citing it as their primary concern. Inflation followed at 23%, while fears regarding the rapid integration of AI accounted for 17% of the responses. These figures reflect a cautious outlook among private wealth managers tasked with navigating a tightening global monetary environment.
Family offices name high rates as the primary threat to global markets
Rising interest rates and bond yields have eclipsed inflation and artificial intelligence as the primary threats to economic growth, according to a survey of wealthy investors. The findings, released by Deutsche Bank during its Emerging Markets Family Office Forum in Singapore, highlight a shifting landscape for global capital.
Beyond economic risks, the survey underscored a significant preference for Asian markets as a geopolitical safe haven. Roughly 73% of investors identified Asia as the most stable region for the coming year, leaving the United States in a distant second place at 14%. Marco Pagliara, head of emerging markets at Deutsche Bank Private Bank, noted that families are increasingly prioritizing stability and risk mitigation, positioning Singapore as a premier hub for wealth management in a volatile global landscape.
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