2024 will go down in history as a period marked by intense political change and geopolitical turbulence. From a global election supercycle that influenced fiscal and trade policies to ongoing geopolitical conflicts that disrupted markets, the world experienced a profound reshaping of wealth creation strategies.

Elections brought with them the promise of policy reform and economic realignment, while geopolitical conflicts underscored the unpredictability of the global order. Together, these forces drove shifts in asset allocation, currency movements, and investor sentiment, compelling wealth managers to recalibrate their strategies.

The Global Election Supercycle of 2024

Several influential democracies, representing a significant share of global GDP, went to the election booths in 2024. Investors closely monitored the outcomes, as political transitions often signal shifts in fiscal policy, market regulations, and investor sentiment. Key elections across the United States, India, Br…