Cost of Living | Rise in global financial assets of private households: Dr Arne Holzhausen

Global financial assets of private households rose by 7.6% in 2023. That's despite the higher interest rate environment and is a vast improvement on the 3.5% decline recorded in 2022. So how did the middle-class and lower-income households fair in the period? To give us an overview of this and other major findings from their report, I'm joined by Dr Arne Holzhausen, Head of Insurance, Wealth & ESG Research at Allianz Commercial. For more news, visit sabcnews.com and #SABCNews on all Social Media platforms.