“

“ uring the financial Crash, when most asset classes took a hammering, the index rose by 17.7% and it has never dropped.

ata from from the Knight Frank Wealth Report 2017, shows the number of Ultra igh Net Worth Individuals U NWI), defi ned as people with US $30m or more in net assets, rising by ,340 last year, while the number billionaires in the world has grown by 45% over the past decade.

Over the next 10 years the number of ultrawealthy people in the world is expected to grow by 43%, although growth rates in

“Personal enjoyment is a key factor for luxury investments, followed by potential wealth preservation and for an increase in capital over time,” says Heddle. “However, attitudes to investment vary around the world. In Europe, U NWIs ranked intellectual curiosity and the possibility of developing expertise in an area, as highly as the potential for an increase in capital values. iversification of investment portfolios was more important for UHNWIs in Africa, while the possibility of an asset being a safe