London, UK (PRWEB) January 22, 2014
As of 2012, real estate was considered to be the biggest asset class for Spain’s high net worth individuals (HNWI), accounting for around 22% of all assets held by local HNWIs. It was followed by business interests (17.5% share), equities (17.1% share) and fixed-income (16.7% share) asset classes. During 2008-2012, equities, fixed-income products and alternatives witnessed the highest growth rates, driven primarily by strong economic recovery in the US, as well as eurozone debt crisis. Liquid assets held by Spanish HNWIs climbed to a value of USD 256 billion in 2012, accounting for close to 26% of total wealth holdings.
The value of business interests declined from nearly 18% in 2008 to 17.5% of Spanish HNWI assets in 2012. After posting considerable growth between 2008 and 2012, alternative holdings are anticipated to fall substantially by 2017, owing to rising volatility and growing interest in some other asset classes. Meantime, real estate, which was deemed as an underperforming sector during 2008-2012, is expected to record positive growth in the upcoming years.
New research report “Challenges and Opportunities for the Wealth Sector in Spain 2013” worked out by WealthInsight has been recently published by Market Publishers Ltd.
Title: Challenges and Opportunities for the Wealth Sector in Spain 2013
Published: January, 2014
Price: US$ 1,995.00
An insightful guide to the Spanish wealth management market along with an extensive overview of the country’s HNWI population is offered in the cutting-edge research study. The report grants access to important information on the HNWI performance during 2007-2012, covers the main five wealth brands, provides a snapshot of the prevailing trends, reviews the UHNWI and HNWI asset allocations across the thirteen asset classes, and also examines the factors spurring HNWI wealth growth. The research study identifies the fastest growing states and cities for UHNWIs in Spain, discloses information on the number of UNHWIs in each state and the largest cities, and furthermore, delves deep into the competitive landscape of the Spanish wealth sector alongside featuring the performance of the major organisations active in the sector. Moreover, a future outlook for the Spanish wealth sector through 2017 is provided in the report.
- All-encompassing analysis of the Spanish wealth management market.
- Valuable information on the country’s HNWI population.
- Extensive review of the market’s political, economic and social background.
- Profound insights into the competitive environment.
- Overview of the institutions active in the Spanish wealth marketplace.
- UHNWIs’ and HNWIs’ asset allocations.
- Summary of the top market trends.
- Snapshot of the key drivers and limiters of the country’s wealth.
- Data on the number of HNWIs is the country’s each state and in the largest cities.
- Comprehensive forecasts of the Spanish wealth sector through 2017.
More new research reports by the publisher can be found at WealthInsight page.