HNWIs Concerned About Financial Futures

Wealthy investors are feeling the pressure of inflation and the Ukraine war and are concerned about their financial futures, says a global survey of high-net-worth individuals (HNWIs) by UBS. As a result, optimism among this cohort has fallen to early-pandemic levels and three quarters are concerned about making bad investment decisions, choosing to hold onto cash instead. Despite the lower sentiment, HNWIs still see opportunity ahead even if markets decline and they are particularly interested in energy security, smart mobility, and automation/robotics as long-term investment themes.