Citibank executive: Some wealthy people are shifting their focus from the United States to the United Kingdom.
Sig, global wealth manager of Citigroup Group, said on the 3rd that the wealthy in and outside of the UK are experiencing a "two-way flow": some are leaving the UK, but some are also recognizing that after changes in US policies, the UK may be a better choice for their children's future education and living. This trend reflects President Trump's "America First" policy, which limits and attacks top domestic universities and foreign students, causing wealthy families to worry about investing in the US and the education environment, indirectly increasing the number of applications to UK universities.
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