Ultra HNWIs in Singapore 2013 | Market Research Report


Posted April 25, 2014 by angelfadrik

This report is the result of WealthInsights extensive research covering the high net worth individual (HNWI) population and wealth management market in Singapore.

 
[b]Ultra HNWIs in Singapore 2013[/b]

[b]Synopsis[/b]
This report is the result of WealthInsights extensive research covering the high net worth individual (HNWI) population and wealth management market in Singapore.
The report focuses on HNWI performance between the end of 2007 (the peak before the global financial crisis) and the end of 2012. This enables us to determine how well the country's UHNWIs have performed through the crisis.

[b]Summary[/b]
This report reviews the performance and asset allocations of Ultra HNWIs in Singapore, and highlights top-performing cities. It also includes an evaluation of the local wealth management industry.

[b]Scope[/b]
UHNWI volume, wealth and allocation trends from 2008 to 2012
UHNWI volume, wealth and allocation forecasts to 2017
UHNWI asset allocations across 13 asset classes
Number of UHNWIs in each state and all major cities
Fastest growing cities and states for UHNWIs (2008-2012)
Number of wealth managers in each city
City wise ratings of wealth management saturation and potential
Details of the development, challenges and opportunities of the Wealth Management and Private Banking sector in Singapore
Size of Singaporean wealth management industry
Largest domestic private banks by AuM
Detailed wealth management and family office information
Insights into the drivers of HNWI wealth

[b]Reasons to Buy[/b]
The WealthInsight Intelligence Center Database is an unparalleled resource and the leading resource of its kind. Compiled and curated by a team of expert research specialists, the database comprises dossiers on over 60,000 HNWIs from around the world.
The Intelligence Center also includes tracking of wealth and liquidity events as they happen and detailed profiles of major private banks, wealth managers and family offices in each market.
With the Database as the foundation for our research and analysis, we are able obtain an unsurpassed level of granularity, insight and authority on the HNWI and wealth management universe in each of the countries and regions we cover.
Report includes comprehensive forecasts to 2017.
Also provides detailed information on UHNWIs in each major city.

[b]Key Highlights[/b]
There were 3,867 UHNWIs in Singapore in 2012, with an average wealth of US$86 million per person, making them a prime target group for wealth sector professionals. Of this total, there were 14 billionaires, 947 centimillionaires and 2,906 affluent millionaires in 2012.
UHNWIs account for 2.1% of the total HNWI population of Singapore, which is above the global average of 0.7%. During the review period, the number of UHNWIs in Singapore more than doubled, from 1,891 individuals in 2008 to 3,867 in 2012. This was slightly higher than the increase of 99.8% recorded by core HNWIs.
There was a wide range of performance between the different UHNWI wealth bands during the review period: The number of billionaires increased significantly by 67%, while the number of centimillionaires and affluent millionaires also increased by 118% and 101% respectively.
WealthInsight expects the number of UHNWIs to increase by 59% to reach 6,144 individuals in 2017. This will comprise 17 billionaires, 1,508 centimillionaires and 4,618 affluent millionaires.

[b]To order this report:[/b] http://www.researchonsingapore.com/ultra-hnwis-in-singapore-2013.html

[b]Email: [/b] [email protected]
US/CAN: +1 800 986 6819
UK: +44 203 514 2363
India: +91 22 4098 7600
[b]SOURCE:[/b] http://www.researchonsingapore.com
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Research on Singapore
Website Research on Singapore
Phone +91 22 4098 7600
Country India
Categories Finance , Reports , Research
Tags private banking sector , ultra hnwis in singapore , wealth management industry , wealth management market in singapore
Last Updated April 25, 2014