Singapore - The Future of HNWIs to 2015: Emerging Global Capital of the Wealth Sector

Reportbuyer.com just published a new market research report: Singapore - The Future of HNWIs to 2015: Emerging Global Capital of the Wealth Sector.

  • Share on TwitterShare on FacebookShare on Google+Share on LinkedInEmail a friend

London (PRWEB) December 12, 2013

Synopsis

This report is the result of WealthInsight’s extensive research covering the HNWI population and Wealth Management industry in Singapore. It provides market size and forecasts of the HNWI population. By leveraging the WealthInsight HNWI Database, it provides key demographic breakdowns.

Summary

Singapore offers tremendous opportunities for the private banking industry as a result of its status as the top wealth management centre in Asia. This report not only provides detailed forecasts on expected HNWI asset allocation of Singapore’s HNWI and UHNWI to 2015, but gives the reader the crucial insight necessary to effectively act on those projections. In addition to providing a comprehensive and robust background of the Singapore economy, including, uniquely, detailed analysis of economic and political risks to HNWI wealth creation, the report provides robust projections of the volume, wealth and asset allocation of Singapore’s HNWI. The report also couches these findings in an analysis of Singapore’s Wealth Management and Private Banking sector, and the opportunities therein. What really sets the report apart is its analysis and presentation of the demographic trends and findings of the proprietary WealthInsight HNWI Database.

Scope

The report features:
•Independent market sizing of Singapore’s HNWI
•Up to date and thorough analysis of the demographic breakdown of Singapore’s HNWI
•Volume, wealth and allocation forecasts to 2015
•Details of the development, challenges and opportunities of the Wealth Management and Private Banking sector in Singapore
•Current insights into the drivers of HNWI wealth
•Family office information

Reasons To Buy

•The WealthInsight HNWI Database is an unparalleled resource and the leading database of its kind. Compiled and curated by a team of expert research specialists, the HNWI Database comprises up to one hundred data-points on over 100,000 HNWI around the world. With the HNWI Database as the foundation for our research and analysis, we are able obtain an unsurpassed level of granularity, insight and authority on the HNWI universe in each of the countries and regions we cover.
•Comprehensive forecasts to 2015.
•Information on sources of wealth for HNWIs by industry and other measures.

Key Highlights

•Singapore has the highest population density of HNWIs in the world; approximately one in 30 Singaporean residents is a HNWI.
•There are just over 150,700 HNWIs in Singapore, with an average wealth of US$4.8 million per person and a combined wealth of US$730 billion.
•Singapore is the second-largest offshore private banking center in the world, after Switzerland.
•The Asia-Pacific wealth management sector (excluding Japan and Australia) grew from assets under management (AuM) of US$650 billion in 2007 to over US$1.3 trillion in 2011. Singapore on its own constitutes 30% of this figure with AuM of over US$550 billion. This is significantly larger than Hong Kong’s wealth management and private banking industry, which has US$250 billion in AuM.

Table of Contents
1 Introduction
1.1 What is this Report About?
2 Executive Summary
3 Wealth Sector Fundamentals
3.1 Political Background of the Wealth Sector
3.2 Economic Background to the Wealth Sector
3.3 Benchmarking Singaporean Wealth in Context
3.3.1 Distribution of wealth
4 Findings from the WealthInsight HNWI Database
4.1 Trends in HNWI Wealth to 2015
4.1.1 HNWI trend analysis
4.1.2 HNWI volume trend analysis
4.1.3 HNWI wealth trend analysis
4.1.4 Per capita HNWI net worth trend analysis
4.1.5 Trends of the wealth bands
4.1.6 Demographic breakdown of Singapore’s HNWIs
4.2 UHNWIs
4.2.1 UHNWI volume trend analysis
4.2.2 UHNWI wealth trend analysis
4.2.3 UHNWI per capita net worth trend analysis
4.2.4 Demographic breakdown of Singapore’s UHNWIs
4.3 UHNWIs – Billionaires
4.3.1 Billionaires – volume trend analysis
4.3.2 Billionaires – wealth trend analysis
4.3.3 Billionaires – per capita net worth trend analysis
4.3.4 Billionaires – breakdown by industry
4.4 UHNWIs – Centimillionaires
4.4.1 Centimillionaires – volume trend analysis
4.4.2 Centimillionaires – wealth trend analysis
4.4.3 Centimillionaires – per capita net worth trend analysis
4.5 UHNWIs – Affluent Millionaires
4.5.1 Affluent millionaires – volume trend analysis
4.5.2 Affluent millionaires – wealth trend analysis
4.5.3 Affluent millionaires – per capita net worth trend analysis
4.6 Core HNWIs
4.6.1 Core HNWIs – volume trend analysis
4.6.2 Core HNWIs – wealth trend analysis
4.6.3 Core HNWIs – per capita net worth trend analysis
4.7 Core HNWIs – Mid-tier Millionaires
4.7.1 Mid-tier millionaires – volume trend analysis
4.7.2 Mid-tier millionaires – wealth trend analysis
4.7.3 Mid-tier millionaires – per capita net worth trend analysis
4.8 Core HNWIs – Lower-tier Millionaires
4.8.1 Lower-tier millionaires – volume trend analysis
4.8.2 Lower-tier millionaires – wealth trend analysis
4.8.3 Lower-tier millionaires – per capita net worth trend analysis
5 Analysis of Singapore HNWI Investment
5.1 Analysis by Asset Class
5.1.1 Changing trends in liquid assets – equity, fixed–income, and cash and deposits
5.1.2 Trends in alternative assets
5.1.3 Trends in “art, wine and wheels”
5.1.4 Trends of investments in real estate
5.1.5 Trends of investments in cash and deposits
5.1.6 Trends of investments in fixed-income
5.1.7 Trends of investments in equity
5.1.8 Trends of investments in business interests
5.2 Analysis of foreign investments
5.2.1 Trend of investments in the rest of Asia
5.2.2 Trend of investments in North America and Europe
5.2.3 Trend of investments in Africa, Middle East and Latin America
6 Competitive Landscape of the Wealth Sector
6.1 Competitive Structure
6.1.1 Wealth management and private banking industry – competitive structure
6.1.2 Multinational banks
6.1.3 Local banks
6.1.4 Wealth managers
6.1.5 Private banks
6.1.6 Mergers and joint ventures
6.1.7 Boutique and independent financial advisors
6.1.8 Private trusts
6.2 Family offices
6.2.1 Multi-family offices
6.2.2 Single-family offices
6.3 Leading Companies in the Wealth Management and Private Banking Industry
6.4 Singapore: An International Offshore Hub
6.5 Islamic banking: A Topic of Discussion
6.6 Singapore Wealth Management and Private Banking Industry – Behavioral Mapping
6.7 Challenges and Opportunities for the Wealth Sector in Singapore
6.7.1 Regulatory environment
6.7.2 Tax structure
6.7.3 Human resource availability for the wealth management industry
6.7.4 Philanthropy
6.7.5 Demand for intergenerational wealth transfer and younger clientele
7 Appendix
7.1 Pertinent Regulations
7.1.1 Regulations on banks
7.1.2 Regulations related to Islamic banking
7.1.3 Regulations related to capital requirements on banks
7.1.4 Regulations related to taxes
7.1.5 Regulations related to taxes on capital gains
7.1.6 Regulations related to taxes on start-ups
7.1.7 Regulations related to taxes on fund management activities
7.1.8 Regulations related to fund management
7.1.9 Regulations related to real estate
7.1.10 Regulations related to the real estate business of a bank
7.1.11 Regulations related to foreign investment
7.1.12 Regulations related to capital investment
7.1.13 Regulations related to private equity (PE) and venture capital investment (VC)
7.1.14 Regulations related to hedge funds and fund management
7.1.15 Regulations related to hedge fund subscription requirement
7.1.16 Regulations related to investment and employment in Singapore
7.2 Key Economic Trends and Drivers
7.2.1 SG$ to US$ moving annual average exchange rate
7.2.2 Real GDP growth
7.2.3 Per capita GDP
7.2.4 Gross savings rate as a percentage of GDP
7.2.5 Housing price index
7.2.6 Commodity index
7.2.7 Foreign direct investment
7.2.8 Investments of FIIs in equity products
7.2.9 Inflation rate
7.2.10 Repo rate
7.2.11 Balance of payments
7.2.12 Stock market performance
7.2.13 HNWI wealth vs GDP ratio
7.2.14 Capital formation as a percentage of GDP
7.2.15 Disposable income as a percentage of GDP
8 About WealthInsight

List of Tables

Table 1: HNWI Wealth Band and Group Definitions
Table 2: HNWIs – Volume by Wealth Band, 2007–2015
Table 3: HNWIs – Wealth by Wealth Band, 2007–2015
Table 4: HNWIs – Per Capita Net Worth (US$ Million), 2007–2015
Table 5: HNWIs – Volume Distribution Wealth Pyramid, 2011
Table 6: HNWIs – Wealth Distribution Wealth Pyramid, 2011
Table 6: UHNWIs – Volume by Wealth Band, 2007–2015
Table 8: UHNWIs – Wealth by Wealth Band (US$ Billion), 2007–2015
Table 9: UHNWIs – Per Capita Net Worth (US$ Million), 2007–2015
Table 10: UHNWIs – Billionaires: Market Overview, 2007–2015
Table 11: UHNWIs – Centimillionaires: Market Overview, 2007–2015
Table 12: UHNWIs – The Affluent Millionaires: Market Overview, 2007–2015
Table 13: Core HNWIs – Volume by Wealth Band, 2007–2015
Table 14: Core HNWIs – Wealth by Wealth Band (US$ Billion), 2007–2015
Table 15: Core HNWIs – Per Capita Net Worth by Wealth Band, 2007–2015
Table 16: Core HNWIs – Mid-tier Millionaires: Market Overview, 2007–2015
Table 17: Core HNWIs – Lower-tier Millionaires: Market Overview, 2007–2015
Table 18: HNWIs – Liquid Asset Composition (%), 2007–2015
Table 19: HNWIs – Liquid Asset Composition (%), 2007–2015
Table 20: HNWIs – Trends of Investments in Alternative Assets (%), 2007–2015
Table 21: HNWIs – Alternative Asset Composition (%), 2007–2015
Table 22: HNWIs – Trends in “Art, Wine and Wheels”, 2006–2010
Table 23: HNWIs – Foreign Allocations by Asset Class, 2007–2015
Table 24: HNWIs – Trends of Foreign Investments, 2007–2015
Table 25: Major Companies in the Wealth Management Industry in Singapore
Table 26: SG$ to US$ Moving Annual Average Exchange Rate, 2006–2015
Table 27: Real GDP Growth Rate, 2006–2015
Table 28: GDP Per Capita, 2006–2015
Table 29: Gross Savings as a Percentage of Real GDP, 2006–2015
Table 30: Housing Price Index, 2006–2010
Table 31: Commodity Indices, 2006–2015
Table 32: Foreign Direct Investments, 2006–2015
Table 33: Investments of FIIs in Equity Products, 2006–2009
Table 34: Inflation Rate, 2006–2015
Table 35: Repo Rate, 2006–2015
Table 36: Balance of Payments, 2006–2010
Table 37: Stock Market Performance, 2006–2010
Table 38: HNWI Wealth vs GDP Ratio, 2006–2010
Table 39: Capital Formation as a Percentage of GDP, 2006–2015
Table 40: Disposable Income as a Percentage of GDP, 2006–2015

List of Figures

Figure 1: HNWI Wealth Band Definitions
Figure 2: HNWI Wealth Sector Market Attractiveness, 2007–2015
Figure 3: HNWIs – Singapore vs RoW and Asia-Pacific
Figure 4: HNWIs – Growth Factor Correlation, 2007–2011
Figure 5: HNWIs – Volume by Wealth Band, 2007–2015
Figure 6: HNWIs – Wealth by Wealth Band, 2007–2015
Figure 7: HNWIs – Per Capita Net Worth (US$ Million), 2007–2015
Figure 8: HNWIs – Volume Distribution Wealth Pyramid, 2011
Figure 9: HNWIs – Wealth Distribution Pyramid, 2011
Figure 10: HNWIs – Average Age by Wealth Band, 2011
Figure 11: UHNWIs – Analysis of Wealth Band Evolution, 2007–2015
Figure 12: UHNWIs – Volume by Wealth Band, 2007–2015
Figure 13: UHNWIs – Wealth by Wealth Band (US$ Billion), 2007–2015
Figure 14: UHNWIs – Per Capita Net Worth (US$ Million), 2007–2015
Figure 15: UHNWIs – Average Age of Wealth Bands, 2011
Figure 16: UHNWIs – Distribution by Primary Source of Wealth, 2011
Figure 17: UHNWIs – Sector Performance, 2007–2011
Figure 18: UHNWIs – Sector Forecasts, 2011–2015
Figure 19: UHNWIs – Entrepreneurs’ Shares
Figure 20: UHNWIs – Performance by Job Title, 2007–2011
Figure 21: UHNWIs – Billionaires: Market Overview, 2007–2015
Figure 22: UHNWIs – Billionaires: Distribution by Primary Source of Wealth, 2011
Figure 23: UHNWIs – Centimillionaires: Market Overview, 2007–2015
Figure 24: UHNWIs – The Affluent Millionaires: Market Overview, 2007–2015
Figure 25: Core HNWIs – Volume by Wealth Band, 2007–2015
Figure 26: Core HNWIs – Wealth by Wealth Band (US$ Billion), 2007–2015
Figure 27: Core HNWIs – Per Capita Net Worth by Wealth Band, 2007–2015
Figure 28: Core HNWIs – Mid-tier Millionaires: Market Overview, 2007–2015
Figure 29: Core HNWIs – Lower-tier Millionaires: Market Overview, 2007–2015
Figure 30: HNWIs – Asset Class Composition, 2007–2015
Figure 31: HNWIs – Changing Trends in Total Liquid Assets (as a Percentage of Total Assets), 2007–2015
Figure 32: HNWIs – Liquid Asset Composition (US$ Billion), 2007–2015
Figure 33: HNWIs – Trends of Investments in Alternative Assets (US$ Billion), 2007–2015
Figure 34: HNWIs – Trends in “Art, Wine and Wheels”, 2006–2010
Figure 35: HNWIs – 2015 Foreign Asset Allocation vs Growth
Figure 36: HNWIs – Global Distribution of Foreign Investments, 2007–2015
Figure 37: Singapore Wealth Management Industry – Behavioral Mapping, 2011
Figure 38: SG$ to US$ Moving Annual Average Exchange Rate, 2006–2015
Figure 39: Real GDP Growth (%), 2006–2015
Figure 40: GDP Per Capita, 2006–2015
Figure 41: Gross Savings as a Percentage of Real GDP, 2006–2015
Figure 42: Housing Price Index, 2006–2010
Figure 43: Commodity Indices, 2006–2015
Figure 44: Foreign Direct Investments, 2006–2015
Figure 45: Investments of FIIs in Equity Products, 2006–2009
Figure 46: Inflation Rate, 2006–2015
Figure 47: Repo Rate, 2006–2015
Figure 48: Balance of Payments, 2006–2010
Figure 49: Stock Market Performance, 2006–2010
Figure 50: HNWI Wealth vs GDP Ratio, 2006–2010
Figure 51: Capital Formation as a Percentage of GDP, 2006–2015
Figure 52: Disposable Income as a Percentage of GDP, 2006–2015

Read the full report:

Singapore - The Future of HNWIs to 2015: Emerging Global Capital of the Wealth Sector

http://www.reportbuyer.com/banking_finance/wealth_management/singapore_future_hnwis_2015_emerging_global_capital_wealth_sector.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Private_Banking

For more information:
Sarah Smith
Research Advisor at Reportbuyer.com
Email: query@reportbuyer.com
Tel: +44 208 816 85 48
Website: http://www.reportbuyer.com/


Contact

  • Sarah Smith
    Research Advisor at Reportbuyer.com
    +44 208 816 85 48
    Email