Manufacturing Industry Generates Bulk of Wealth in Germany, Says Verdict Retail in Its New Report Recently Published at MarketPublishers.com20 Jul 2016 • by Natalie Aster
LONDON – Nowadays, Germany is recognised as a strong industrial nation. The country’s commercial landscape is led by small and medium enterprises (SMEs). Most German HNW individuals (HNWs) are either inheritors or family business owners.
The key wealth generator in Germany is the manufacturing industry; it is followed by the construction industry. Expats account for a bit over 11% of the German population. The majority of expats come from the neighboring countries like the UK, Italy and Austria.
The lion’s share of German investors prefers discretionary mandates, advisory mandates takes the second place in term of popularity. In the years to come, the demand for discretionary mandates is likely to outpace the demand for advisory mandates.
The top asset classes among German HNW investors include bonds, equities, cash and deposits (with bonds holding the dominant position). In the years to come, the allocation into alternatives and equity is likely to strengthen, while the share of wealth invested into cash and bonds is anticipated to dwindle given low interest rates.
New research study “Wealth in Germany: HNW Investors; Understanding HNW investors and wealth management strategies.” prepared by Verdict Retail carefully examines investing preferences and allocations portfolio of German HNW investors. It contains a profile of an average German HNW investor, explores HNW investors’ demand dynamics, reviews allocation trends across various asset classes and outlines possible future trends and opportunities.
More new research reports by Verdict Retail are available at its page.