Navigating Wealth: Tailored asset allocation strategies for HNIs and UHNIs in 2025
India and the world faced several financial, geopolitical, and climate uncertainties in the latter half of 2024. While some of these events have played out, certain political risks persist.
Several large states in India held elections, and while some of the results were surprising, they provided more stability to the current government. The US presidential election saw a close race but produced a clear winner.
While having a majority helps politically, the posturing by the incumbent has already led some countries (notably BRICS) to brace for trade wars. Inflation and labor concerns have emerged, and snap policy decisions may surprise markets once President Trump takes office in mid-January.
Territorial wars in a few countries continue,…