Nigeria Wealth Sector & HNWIs Performance Discussed by WealthInsight in New Report Published at MarketPublishers.com31 Mar 2014 • by Natalie Aster
LONDON – As for 2013, the real estate sector was the leading asset class for high net worth individuals (HNWIs) in Nigeria with a 25% share of the country’s total HNWI assets. It was followed by equities (18% share), cash and deposits sector (16%), fixed-income (16%), business interests (15%) share and also alternatives sector (10% share). The alternative, business interest and equity asset classes registered the strongest growth over 2008-2012 of 134%, 150% and 156%, respectively. In 2013, the country’s HNWI liquid assets climbed up to USD 45 billion, calling for just over half of the total wealth holdings.
During 2009-2013, the real estate assets decreased from nearly 27.3% of the combined HNWI assets held in Nigeria in 2009 to around 25% in 2013. Meantime, the allocations to commodities grew from 2.4% of all assets to 3%. By 2018, the allocations in commodities are poised to decrease to 2.2% of the Nigerian total HNWI assets, as liquidity tightens globally owing to an expected short-term decline in demand from China for feedstocks which is likely to spur the world commodity prices to level out.
New research report “HNWI Asset Allocation in Nigeria to 2014” prepared by WealthInsight offers in-depth insights into the national wealth management market.
The topical report contains an all-encompassing overview of Nigeria’s HNWIs population together with a detailed assessment of the country’s wealth management sector. It uncovers valuable data on the HNWIs performance during 2008-2012; reviews the asset allocations of HNWIs and UHNWIs across thirteen asset classes; and examines the top-performing segments. The study includes a detailed analysis of the key drivers of Nigeria’s HNWI wealth, highlights the prevailing trends, pinpoints and discusses the major threats and opportunities in Nigeria’s wealth management market. Moreover, the report tackles the important industry issues and concerns, and also forecasts the market performance through 2018.
HNWI Asset Allocation in Nigeria to 2014
Published: March, 2013
Price: US$ 1,995.00
Other Nigeria Wealth Management Markets Reports Include:
- High Net Worth trends in Nigeria to 2014
- Ultra HNWIs in Nigeria to 2014
- Challenges and Opportunities for the Wealth Sector in Nigeria 2014
- Nigeria 2014 Wealth Book
More new studies by the publisher can be found at WealthInsight page.