Rising interest rates and bond yields are the biggest growth risks for wealthy investors, while Asia is seen as the most stable geopolitical region and the US remains the preferred destination for capital allocation.
Indian equities fell sharply on Thursday, with the Nifty down 1.71% and Sensex 1.62%, as rising crude prices and global bond yields heightened concerns about inflation, economic growth and interest rates. The sell-off erased over ₹10 lakh crore in investor wealth.
European shares fell as banks hit over three-month lows amid rising bond yields and oil prices. Investors worried persistent inflation could constrain central bank rate cuts and hurt growth, while markets awaited ECB, Federal Reserve and Bank of England signals.
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