Entrepreneurs Capture 50% of UK Total HNW Population, States Verdict Retail in Topical Report Now Available at MarketPublishers.com12 May 2016 • by Natalie Aster
LONDON – Investment portfolios of UK high net worth clients are well diversified and built around conventional asset classes like equities and bonds, however alternatives have been growing in importance in the past few years. Meantime, legal changes that have occurred recently may induce a shift in demand for specific services, opening up opportunities for both current competitors and for prospective new entrants.
Entrepreneurs capture 50% of the country’s total HNW population, but wage and salary income and inheritable property are also essential sources of wealth.
The major part of HNW expatriates living in the UK come from Germany, France, and the USA.
The government's changes to taxation of non-domiciled persons are expected to affect the expat population.
To save time the UK’s HNW individuals give precedence to discretionary asset management services as the country’s wealth managers have acquired a reputation of reliable professionals. Execution-only platforms are in poor demand.
Asset management strategies are not projected to change significantly, though wealth managers should prepare their customers’ portfolios for shifts in the monetary policy of the Bank of England (BoE).
Topical research report “Wealth in the UK: HNW Investors; Understanding HNW investors and wealth management strategies” worked out by Verdict Retail sheds light on the investment preferences and portfolio allocation of the HNW investors in the UK.
It includes profiles of the average HNW investor in the UK with respect to their age and the source of their wealth; it also evaluates the opportunities for expatriates in the country. The study gives insights into the most preferred wealth management mandates along with tracking how the demand is poised to develop in the short run. The report gives an overview of the allocation of the respective investors’ portfolios into versatile asset classes and also projects the possible development pertaining to the allocation trends. It also sheds light on the product and service demand amongst the country’s HNW individuals.
More insightful publications by the publisher are available at Verdict Retail page.