This report is a thorough analysis of India's Wealth Management and Private Banking sector, and the opportunities and challenges that it faces.
- This report is the result of WealthInsight’s extensive research covering the high net worth individual (HNWI) population and wealth management market in India.
- The report focuses on HNWI performance between the end of 2010 and the end of 2014. This enables us to determine how well the country's HNWIs have performed through the crisis.
- Independent market sizing of India HNWIs across five wealth bands
- HNWI volume and wealth trends from 2010 to 2014
- HNWI volume and wealth forecasts to 2019
- HNWI and UHNWI asset allocations across 13 asset classes
- Number of UHNWIs in each state and all major cities
- Fastest growing cities and states for UHNWIs (2010-2014)
- Insights into the drivers of HNWI wealth
- The Challenges and Opportunities for the Wealth Sector in India 2015 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.
- With the wealth reports 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 2019.
- Indian HNWIs held 19.8% (US$260.1 billion) of their wealth outside their home country in 2014.
- Foreign asset holdings are expected to increase to US$399.3 billion by 2019, accounting for 18.9% of the country’s total HNWI assets.
- Asia-Pacific accounted for 34.9% of Indian HNWIs’ foreign assets in 2014. This was followed by North America with 30.9%, Europe with 12.9%, Latin America with 8.9%, Africa with 6.6% and the Middle East with 5.8%.
- Indian HNWI allocations to Asia Pacific increased steadily compared with other regions during the review period, rising from 33.2% in 2010 to 34.9% in 2014.
1.1 Details of this Report
2 EXECUTIVE SUMMARY
3 INDIA KEY FACTS
4 DISTRIBUTION OF WEALTH IN INDIA
4.1 HNWI Volume and Wealth Trends
5 COMPETITIVE LANDSCAPE
5.1 Domestic private banks
5.2 Foreign Private Banks
5.3 Wealth managers
5.4 Family offices
6 KEY DRIVERS
6.1 INR–US$ exchange rate
6.2 Real GDP growth
6.3 Per capita GDP
6.4 Domestic market capitalization
6.5 Commodity index
6.6 Foreign direct investment (FDI) – inflows and outflows
6.7 Inflation rate
6.8 Interest rate
6.9 Balance of payments
6.1 Government debt
6.11 Stock market performance
6.12 Wealth Breakdowns
7 ABOUT WEALTHINSIGHT
LIST OF FIGURES
Figure 1: HNWI Wealth Band Definitions
Figure 2: Map of India
Figure 3: Indian Asset Price Performance (%), 2010–2014
Figure 4: Indian HNWI Performance (US$ Billion and HNWI Volume), 2010–2019
Figure 5: Indian vs Global HNWIs (%), 2010–2019
Figure 6: Indian Exchange Rate – INR–US$, 2010–2019
Figure 7: Indian Real GDP Growth (%), 2010–2019
Figure 8: Indian GDP per Capita (US$), 2010–2019
Figure 9: Indian Domestic Market Capitalization (US$ Billion), 2010–2014
Figure 10: Indian Commodity Indices, 2010–2019
Figure 11: Indian Foreign Direct Investment (US$ Billion), 2010–2019
Figure 12: Indian Inflation Rate (%), 2010–2019
Figure 13: Indian Money Market Rate (%), 2010–2019
Figure 14: Indian Balance of Payments (US$ Billion), 2010–2014
Figure 15: Indian Government Debt as a Percentage of GDP (%), 2010–2019
Figure 16: Indian Stock Market Performance (Index), 2010–2014
Figure 17: Indian HNWI Wealth vs GDP Ratio (%), 2010–2019
Figure 18: Indian HNWIs – Volume by Wealth Band, 2010–2019
Figure 19: Indian HNWIs – Wealth by Wealth Band (US$ Billion), 2010–2019
Figure 20: Indian HNWIs – Wealth per Capita (US$ Million), 2010–2019
The number of Indian HNWIs is forecast to reach a CAGR of 34% by 2018.
Wealth Insight’s Challenges and opportunities for the wealth sector in India identifies that the number of Indian HNWIs is forecast to grow by 34% in 2018. By purchasing this report you will secure a proper understanding of shifting market dynamic, which will enable you to amend your business plans accordingly, to allow maximum sales. You will gain an understanding of the challenges and opportunities for the wealth sector in India, enabling you to indentify the key areas in which you want to compete in the future.
Additional report highlights:
- The number of Indian HNWIs is forecast to grow by 34% to reach 358,057 by 2018, and HNWI wealth is expected to grow by 44% to reach just under US$2 trillion by 2018.
- HNWIs are expected to further increase their levels of investment in Asia-Pacific to 35% of foreign HNWI assets by 2018, with investments increasingly being diverted to emerging economies.
- Despite unfavorable world market conditions, the Indian wealth management market is growing rapidly. The market, with over US$1 trillion in wealth, is attractive for local development and to foreign institutions
The material was prepared in May, 2014.
Table 1: HNWI Wealth Band and Group Definitions
Table 2: Indian Exchange Rate – INR–US$ Exchange Rate, 2010–2019
Table 3: Indian Real GDP Growth (%), 2010–2019
Table 4: Indian GDP per Capita (US$), 2010–2019
Table 5: Indian Domestic Market Capitalization (US$ Billion), 2010–2014
Table 6: Indian Commodity Indices, 2010–2019
Table 7: Indian Foreign Direct Investment (US$ Billion), 2010–2019
Table 8: Indian Inflation Rate (%), 2010–2019
Table 9: Indian Money Market Rate (%), 2010–2019
Table 10: Indian Balance of Payments (US$ Billion), 2010–2014
Table 11: Indian Government Debt as a Percentage of GDP (%), 2010–2019
Table 12: Indian Stock Market Performance (Index), 2010–2014
Table 13: Indian HNWI Wealth vs. GDP Ratio (%), 2010–2019
Table 14: India – Appendix One
Table 15: India – Appendix Two