Singapore Wealth Sector Analysed by WealthInsight in New Market Research Study Now Available at MarketPublishers.com16 Jan 2015 • by Natalie Aster
LONDON – The number of Singaporean high net worth individuals (HNWIs) grew by 2.3% in 2013 reaching 151,025, and their combined wealth stood at USD 7498.8 billion and wealth per person equaled USD 5.0 million. In the next four years, HNWI volumes and wealth are expected to grow. The number of HNWIs in Singapore is expected to increase by just over 18.5%, reaching 182,855 by 2018. The local HNWIs’ wealth is projected to reach USD 1.0 trillion by the end of the forecast period, increasing by just under 29%.
Singapore’s HNWIs held around 33% (USD 246.0 billion) of their wealth outside their homeland as of 2013, which is higher than the world average of 20–30%.
New market study “Singapore Wealth Report 2014” drawn up by WealthInsight is designed to thoroughly examine Singapore’s HNWI population and wealth management sector.
The report contains unbiased market size estimates pertaining to the country’s HNWI population across 5 wealth bands; identifies and forecasts key trends in HNWI numbers, wealth and allocations from 2009 to 2018, discusses HNWIs and UHNWIs’ allocations of assets across 13 asset classes. The research publication provides a breakdown of liquid versus investable assets, offers essential information on the number of UHNWIs in the most important cities with details of the number of wealth managers in each city, and provides ratings of the potential and saturation of wealth management, by city. It discusses key trends, developments, opportunities and challenges in the domestic private banking and wealth management market. The report provides unprejudiced insights into what factors are driving HNWI wealth, evaluates the market size of the nation’s wealth management industry, identifies the dominant private banks by AuM, and presents granular information on wealth management and family offices.
Singapore Wealth Report 2014
Published: January, 2015
Price: US$ 4,995.00
Other Countries Wealth Reports by WealthInsight Include:
- Colombia Wealth Report 2014
- US Wealth Report 2014
- Hong Kong Wealth Report 2014
- China Wealth Report 2014
- Australia Wealth Report 2014
- Malaysia Wealth Report 2014
More new studies by the publisher can be found at WealthInsight page.