Ultra-high-net-worth families are redirecting $2.1 trillion into multi-polar global assets, according to deVere Group’s newly launched Family Office division, as reported on June 17, 2026. This shift reflects growing skepticism toward U.S.-centric markets and increased allocation to emerging economies, according to a Bloomberg analysis of private wealth flows.
The move signals a strategic realignment in global capital, with wealthy investors prioritizing diversification amid geopolitical tensions and monetary policy fragmentation. deVere Group, which reported 14.2% year-over-year revenue growth in Q1 2026, now manages over $85 billion in family office assets, per The Wall Street Journal. This trend coincides with a 12.7% decline in U.S. Treasury holdings among top 1% households, according to the U.S. Bureau of Economic Analysis.
The Bottom Line
- Ultra-high-net-worth families are shifting $2.1 trillion to multi-polar assets, per deVere Group’s Q2 2026 report.
- Emerging market ETFs saw a 19% surge in inflows during May 2026, according to Reuters.
- Goldman Sachs analysts warn of 8-10% volatility in U.S. equities if this trend persists through 2027.
How Family Offices Are Rewriting Global Capital Allocation
deVere Group’s specialized Family Office division, launched in March 2026, now serves 430 ultra-high-net-worth clients, according to internal filings. These clients are increasingly directing capital toward alternatives like private equity in Southeast Asia and infrastructure bonds in Latin America. “We’re seeing a 35% increase in requests for non-U.S. asset allocation,” said deVere CFO Maria Chen during a June 2026 investor call.
The shift aligns with broader macroeconomic trends. The International Monetary Fund (IMF) noted in its World Economic Outlook that emerging markets accounted for 62% of global GDP growth in 2025, up from 48% in 2019. This has prompted a reevaluation of traditional wealth management strategies.
| Region | Capital Inflow (2026 YTD) | ETF Performance (May 2026) |
|---|---|---|
| Asia-Pacific | $780B | 12.3% gain |
| Latin America | $420B | 9.8% gain |
| Europe | $310B | 4.1% gain |
| North America | $1.1T | 2.7% gain |
The Ripple Effects on Global Markets
This capital reallocation is already impacting financial markets. The Financial Times reported that emerging market currencies gained 6.2% against the U.S. dollar in June 2026, while the S&P 500 posted a 1.8% decline. “We’re witnessing a structural shift in capital flows that could redefine global market dynamics,” said Dr. Elena Varga, an economist at the London School of Economics.
Competitor firms are responding. BlackRock’s Global Allocation Fund saw net inflows of $1.2 billion in June 2026, according to Bloomberg, as it adjusted its portfolio to match client demands. Meanwhile, JPMorgan Chase reported a 15% drop in U.S. wealth management inquiries, per The Wall Street Journal.
“This isn’t just a short-term reaction to inflation or interest rates—it’s a fundamental reassessment of where wealth is safest,” said Richard Thompson, head of Global Strategy at Fidelity Investments. “We’re seeing clients demand transparency in non-U.S. holdings that they never did before.”
What This Means for the Broader Economy
The capital shift is influencing supply chains and inflationary pressures. A Reuters analysis found that companies with significant exposure to emerging markets saw a 9.4% increase in order volumes in Q2 2026, compared to a 2.1% rise for firms focused on traditional markets. This could ease some inflationary pressures, as noted by the
