Key facts
- Rising rates and yields are seen as the biggest threat to global economic growth by wealthy investors.
- 37% of family offices surveyed by Deutsche Bank cited rates and yields as the top risk.
- Inflation was the second-highest risk at 23%, and AI risks were third at 17%.
- 73% of respondents believe Asia will be the most stable geopolitical region in the next 12 months.
- Singapore is emerging as a favored global wealth center for international families seeking stability.
Wealthy investors and family offices view rising interest rates and yields as the most significant threat to global economic growth, according to a poll by Deutsche Bank. The survey, conducted during the bank's Emerging Markets Family Office Forum 2026 in Singapore, also revealed that a substantial majority of respondents consider Asia to be the most stable geopolitical region over the next 12 months.
Out of the family offices surveyed, 37% identified rates and yields as the primary risk to global economic expansion. Inflation followed as the second-largest concern, cited by 23% of respondents, while AI risks were identified by 17%.
Geopolitically, Asia was perceived as the most stable region by 73% of those polled. The US was ranked second with 14%, followed by the UK and Europe at 6%, Latin America at 4%, and the Middle East at 2%.
Marco Pagliara, head of emerging markets at Deutsche Bank Private Bank, commented that international families are prioritizing stability, risk mitigation, and global connectivity, positioning Singapore as a key global wealth center.