by AIP Online Bureau | Feb 28, 2024 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
Knight Frank India Chairman and Managing Director Shishir Baijal said ”In a transformative era of wealth creation, India stands as a testament to thriving prosperity and burgeoning opportunities in the global economic spectrum. A remarkable surge in its UHNWI...
by AIP Online Bureau | May 17, 2023 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
In 2022, the global population of UHNWIs declined by 3.8 per cent, after a record climb of 9.3 per cent in 2021, as the wealth and the investment portfolio of the ultra-wealthy were impacted by economic slowdowns, frequent rate hikes and rising geopolitical...
by AIP Online Bureau | Apr 21, 2023 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
Gold has delivered a stellar returns of over 69 per cent in the past 5 years (From FY2019 to FY2023). The pandemic has resulted in a low interest rate, and easy liquidity strategy adopted by the global central banks gave a massive push to the prices, the consultant...
by AIP Online Bureau | Mar 3, 2023 | Eco/Invest/Demography, Facts, Wealth Management/ Philanthropy
Among the ten passion investments, Knight Frank said art was the top performer with a return of 29 per cent in a 12-month period ending December 2022. More than half of ultra-high net worth individuals (UHNWIs) in India are likely to purchase art along with watches...
by AIP Online Bureau | Mar 1, 2022 | Eco/Invest/Demography, Indian News, International News, Wealth Management/ Philanthropy
“In India, the number of UHNWIs (net assets with USD 30 million or more) has grown by 11 per cent YoY (year-on-year) in 2021, the highest percentage growth in APAC,” Knight Frank said in a statement. The number of UHNWIs in India grew to 13,637 in 2021...
