After KKR’s inaugural Global Wealth Investment Council (GWIC) meeting in February, Paula Campbell Roberts, chair of the GWIC and managing director, chief investment strategist for global wealth, KKR, has written key takeaways from the meeting.
The GWIC comprises 10 experts from leading wealth and asset management firms from across the United States, Europe and Asia.
The takeaways included an economic outlook that is concerned about sticky inflation and the potential slowdown in consumer spending and job growth; a feeling that North America is the best positioned region for economic growth in 2024; an emphasis on technology themes, such as the scaling of AI infrastructure and integration; the belief that high-net-worth individuals are underweight in alternatives this year and overweight in cash; and a consensus that generating income remains a top priority for high-net-worth investors in 2024.
To read Roberts’ full article, click