For the future the report throws indications of a slowdown in the GDP global growth rate to 4.8 per cent in 2007 and 2008, from 5.4 per cent in 2006. This would primarily be due to the moderation in the growth of mature markets, a phenomenon that would trickle down to other markets as well. Tightening of monetary policy would also contribute to this slowdown. In terms of asset allocation, even though equities would remain on top, alternative investments would rise to 13 per cent by 2008. The global HNWI financial wealth is expected to grow to $1.6 trillion by 2011 at an annual rate of 6.8 per cent.
deepti.bhaskaran@expressindia.com
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