We are at the cusp of a significant 3-sigma event that has the potential to destabilise markets across the world and which requires us to pay attention and make sure our portfolios are designed to withstand them. Post the Great Financial Crisis, central banks have engineered a record quantum of printed money. From an investment point of view, it has been one of the most challenging two years; along with record initial public offerings (IPOs) in India and the US, frothy public and private markets and other such euphoric trends are being seen across the world. All of this makes prudent investment management and asset allocation more important than ever before, especially for high and ultra-high networth individuals (HNIs and UHNIs) who are looking to solidify and secure their financial legacies.
Below are a few financial considerations for investors to navigate the choppy waters that lie ahead.