In the current macro climate, HNWI wealth management firms report increased allocations to gold and short-duration Treasuries. This defensive posture aligns with volatility readings, as the VIX hovers around 15, signaling moderate risk appetite among affluent investors. Fahy sings a similar tune: “In the aftermath of Brexit many people have also relocated to Ireland. Those people have wealth and are also navigating across jurisdictions. All the issues, such as succession and wealth planning, become a little more complex when you have a two-jurisdiction aspect. So, it just adds to our target market.” An ultra-high-net-worth individual (UHNWI) generally needs at least $30 million in net investable assets . This general definition is used by wealth managers, financial advisors and others in financial services to identify the richest segment of potential clients. Some definitions consider individuals with $10 million or more to fall within the UHNWI category. There’s no upper limit, so billionaires are categorized alongside others who are merely worth tens of millions. Emerging markets ETFs gained 2.7% this week, accelerating HNWI wealth management interest in Asia-Pacific equities. Analysts point to India’s GDP growth forecast of 6.8% as a long-term driver of equity returns, backed by infrastructure investments.