Middle East HNWIs Trust Their Children Highly in Management

The latest report from the Barclays Wealth Insights series The Transfer of Trust: Wealth and Succession in a Changing World said that high net worth individuals (HNWIs) in the Middle East showed the highest levels of trust in their children to manage and protect their wealth.

Based on a global survey of more than 2,000 high net worth individuals, the report provides an in-depth examination of wealthy individuals’ attitudes toward wealth transfer and succession planning, as well as offering an insight into what the future holds for the next generation. It also looks at how wealth in many cases can act as a double-edged sword, leading to distrust and conflict. Continue Reading