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James Mazeau

James Mazeau

Jul 5, 2026

3:37
Maybe tell us a bit about some of the numbers from, from this year's edition.
3:40
Sure.
3:40
I mean, this year, global growth was 10% when we look at the, the wealth of households, and that's higher than the two previous years, and se- third consecutive year, uh, that we have positive growth.
3:51
And I think we had maybe somewhat superior growth this year compared to last year, and I think it boils down to equity markets, not only, but in part.
4:02
And by that I mean if you have strong equity markets, and nowadays it's related to the AI story pushing the equity market much higher, that will mainly benefit households who are invested, who are exposed to these equity markets, either directly through their own investment portfolio, either indirectly through their pension fund, and that will benefit them.
4:22
But it tends to benefit the richer households disproportionately.
4:26
So the wealthier you are to start with and the more exposure you have to these equity markets, then the more your wealth is going to grow.

10 MINS LATER

14:22
What did you read, learn, discover in this year's piece that, I don't know, is going to help you offer even better advice, uh, as we move forward?

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