1. Market Research
  2. > Financial Services
  3. > Banking
  4. > Private Banking Market Trends
HNWI Asset Allocation 2020

HNWI Asset Allocation 2020

  • October 2016
  • 66 pages
  • ID: 4530210
In this report:
As regulatory requirements pose ever greater challenges, private bankers and wealth managers are likely to experience further changes to their business models, products and services.
On the same time tightening regulations and a weak macroeconomic environment have impacted the profitability of wealth management firms, encouraging them to re-examine their strategies.

Summary

Table of Contents

HNWI Asset Allocation 2020

Brief

In an uncertain economic and political environment banks are no longer prioritizing quick expansion strategies to achieve increase. Banks are divesting and exiting non-core markets, with some targeting emerging markets with growing HNWI populations. The principal objective for providers is to focus on domestic markets, remain profitable and achieve sustainable steady growth in their core markets.

On the same time tightening regulations and a weak macroeconomic environment have impacted the profitability of wealth management firms, encouraging them to re-examine their strategies. To maximize returns, wealth management firms are now focused on reviving their firms' brand values, and product and service offerings.

Both Banks and Wealth Management firms are approaching HNWIs with a wide variety of products and services to capture a better share of the market. In the post-financial crisis environment they have also been observed to be building lending solutions to cater to the strong HNWI demand for credit and access to liquidity.

Furthermore, fearing the disruption that alternative digital platforms can bring, the automated advice space has been entered by traditional financial service providers. By including a digital advice option, providers can appeal to a broader range of clients and meet investors' needs through their lifetimes.

With wealthy clients, and especially UHNWIs, behaving like institutional clients, banks are using cross-selling opportunities between investment and private banking, and it has become common for private banking divisions to be positioned with investment banking and asset management. As regulatory requirements pose ever better challenges, private bankers and wealth managers are likely to experience farther changes to their business models, products and services.

The main findings that emerged from GlobalData's study on HNWI Asset Allocations; are presented below:

- The overall HNWI population was estimated at nearly 15 million in 2015, with a global wealth of US$60 trillion.

- HNWI wealth is expected to grow by CAGR6.7% over 2016-2020 to reach US$82.1 trillion by 2020.

- In the post-financial-crisis environment, private banks and wealth managers are building lending solutions to meet strong HNWI demand for credit and access to liquidity.

- Wealth managers are focused on providing bigger customization by targeting particular client segments including females, entrepreneurs and young HNWIs.

- Increased focus is being observed on relationship-based pricing to encourage brand loyalty.

- Wealth management firms are utilizing synergies by leveraging cross-selling opportunities between retail, private and investment banking.

Firms Mentioned: Bank of America, HSBC, Lloyds, UBP, Coutts, Credit Agricole, Indosuez Wealth Management, deVere, Ellevest, Deutsche Bank, BNP Paribas, Societe Generale, Lombard International Assurance, Julius Baer, RBC, BlackRock, FutureAdvisor, RBS, JP Morgan Chase, OCBC, DBS, ABN AMRO, Leumi Private Bank, Fransad Gestion, Merrill Lynch, Kairos, Goldman Sachs, GPS Investimentos, Financeiros e Participacoes, BTG Pactual, BSI, Generali, UBS, Bethmann Bank, LGT Bank Deutschland, Vontobel, Finter Bank Zurich, Credit Suisse, Citi Private Bank, Macquarie Group, The Henley Group, St. James's Place, Barclays, US Trust, Northern Trust, Well Fargo, Altamount Capital Management, Itau Private Bank, Acumen Partners, Banque Neuflize OBC, Babyloan, Yes Bank, Berenberg Bank, Monument Wealth Management, Oracle Capital Group, Morgan Stanley Smith Barnet, Bessemer Trust, BNY Mellon, Kotak Mahindra Private Banking, WaterStreet Family Offices, ICICI, MoneyZen, Female Wealth Management and Wealthcare for Women, HoyleCohen, the Zinn-Ray and Svatora group, Metro Bank, SunTrust, ING Group, OECD, Bank of Montreal, Zafin Asset Management, Fidelity investments, The Mulligan Group, Baoshang Bank, NatWest

Abstract

- This industry report looks at a in-depth breakdown from GlobalData's proprietary country report model of HNWI population and wealth.

- It offers an analysis of HNWI demographics established on a exclusive analysis of HNWI dossier database. It analyses trends in HNWIs investment by asset class and looks at a breakdown of foreign and alternative investments.

- It offers an detailed analysis of competitor product strategy, M&A, and innovation and identifies current and future opportunities available to providers in selected core markets.

- The analysis provides 5-year historical (2011-2015) and 5-year forecast data (2016-2020) in core markets in the Americas, EU, APAC and the Middle East (ME) and African continent.

- Territories included in the market research contain the U.S., Canada (CA), Brazil (BR), Mexico (MX), Chile, Argentina (AR), Germany (DE), France (FR), Switzerland, Italy (IT), Turkey (TR), Russian Federation, the United Kingdom (UK), Spain (ES), Japan (JP), China (CN), Hong Kong (HK), Singapore (SG), Australia (AU), India (IN), South Africa (ZA), Nigeria, Saudi Arabia (SA), the UAE and Israel (IL).

Great reasons to purchase

- Comprehend the investment behavior of HNWIs with respect to onshore and offshore locations and current economic conditions.

- Gain insight into HNWI demographics established on a singular analysis of GlobalData's proprietary HNWI database comprising 140,000 dossiers.

- Be informed about HNWIs' preferred asset class allocations in the Americas, Europe (EU), Asia-Pac and Middle East and African continent as well as their foreign and alternative investment allocations.

- Analyze competitor strategy with regard to products and services, worldwide expansion, pricing and innovation.

- Identify additional approaches to take when targeting HNWI clients and identify where the ambitious advantage affords alternatives to increase market share.

Key Findings

- In 2015, HNWI wealth was estimated at US$60 trillion, of this 25.90 percent were invested in worldwide markets.

- HNWIs in Asia Pacific (APAC) held 21.50 percent of their wealth outside of their home country in 2011, which increased to 22.50 percent in 2015.

- In the Americas alternative assets registered a compound annual growth rate (CAGR) of 4.90 percent during 2011-2015, they are anticipated to grow by CAGR8.8% between 2016 and 2020.

- Globally, 12.50 percent of HNWIs were over the age of 70 in 2015. HNWIs below the age of 40 formed the smallest HNWI group.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Amrita helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
The 2017 Wealth Management in Myanmar Report

The 2017 Wealth Management in Myanmar Report

  • $ 2000
  • Industry report
  • June 2017
  • by The Dragon Banker

With favorable demographics (55% of the population under 30 years old), an abundance of natural resources and the implementation of new political and economic reforms after decades of military rule, Myanma ...

Super League In-Depth Analysis: Credit Suisse Private Banking 2017 - Tracking the world’s major competitors in wealth management

Super League In-Depth Analysis: Credit Suisse Private Banking 2017 - Tracking the world’s major competitors in wealth management

  • $ 1295
  • Industry report
  • November 2017
  • by GlobalData

Super League In-Depth Analysis: Credit Suisse Private Banking 2017 - Tracking the world’s major competitors in wealth managementSummary"Super League In-Depth Analysis: Credit Suisse Private Banking 2017", ...

Global Wealth Management: Competitive Dynamics

Global Wealth Management: Competitive Dynamics

  • $ 3450
  • Industry report
  • December 2017
  • by GlobalData

Global Wealth Management: Competitive DynamicsSummaryAt the end of 2016, client assets managed by the world’s top private wealth managers had grown by about 6.1% to cross a record $10tn. While a welcome ...


ref:plp2016

Reportlinker.com © Copyright 2018. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.