There were just over 302,000 HNWIs in Australia in 2012. These HNWIs collectively held US$899 billion in wealth, which equated to 15.5% of the total individual wealth held in the country.
Dallas, Texas (PRWEB) August 17, 2013
The number of UHNWIs in Australia set to increase by 33%, to reach 3,647 in 2017. This will comprise 28 billionaires, 835 centimillionaires and 2,784 affluent millionaires. Australian HNWIs overperformed compared to the global average during the review period. Australian HNWI numbers increased by 19.7%, while worldwide HNWI volumes declined by 0.3%. HNWI wealth is projected to grow by 58% to reach US$1,418 billion by 2017. In 2012, Australian HNWI numbers rose by 9.9%, following a drop of 2.7% in 2011. Growth in HNWI wealth and volumes is expected over the forecast period with total number of Australian HNWIs forecast to reach over 401,887 in 2017. ReportsnReports.com offers four brand new reports on the Australian wealth management market specifically focusing on HNWIs, trends in the market as well as Ultra high net worth individuals of the country:
Ultra HNWIs in Australia 2013 at http://www.reportsnreports.com/reports/267349-ultra-hnwis-in-australia-2013.html/.
HNWI Asset Allocation in Australia 2013 at http://www.reportsnreports.com/reports/267350-hnwi-asset-allocation-in-australia-2013.html/.
Challenges and Opportunities for the Wealth Sector in Australia 2013 at http://www.reportsnreports.com/reports/267351-challenges-and-opportunities-for-the-wealth-sector-in-australia-2013.html/.
High Net Worth Trends in Australia 2013 at http://www.reportsnreports.com/reports/267352-high-net-worth-trends-in-australia-2013.html/.
These reports focus on HNWI performance between the end of 2007 (the peak before the global financial crisis) and the end of 2012. This enables the reader to determine how well the country's UHNWIs have performed through the crisis. Individually, these reports review the performance and asset allocations of Ultra HNWIs in Australia and highlights top-performing cities. They also cover an evaluation of the local wealth management industry. Providing information on the latest asset allocations of Australian HNWIs across 13 asset classes, these reports also include projections of the volume, wealth and asset allocations of Australia HNWIs to 2017 and a comprehensive and robust background of the local economy. You gain to access a thorough analysis of Australia's Wealth Management and Private Banking sector, and the opportunities and challenges that it faces. These research studies also provide projections of the volume and wealth of Australia HNWIs. This includes demographic trends (2008-2012) and findings of a proprietary HNWI database.
Reasons to buy one or more of these reports: The WealthInsight Intelligence Center Database 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; The Intelligence Center also includes tracking of wealth and liquidity events as they happen and detailed profiles of major private banks, wealth managers and family offices in each market; With the Database 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; includes comprehensive forecasts to 2017 and provides detailed information on UHNWIs in each major city.
Explore more reports on the wealth management industry at http://www.reportsnreports.com/tags/wealth-management-market-research.html/.
ReportsnReports.com is an online market research reports library of 350,000+ in-depth studies of over 5000 micro markets. We provide 24/7 online and offline support service to our customers. Feel free to write to us with any specific requirements you may have on your business intelligence needs.