Singapore is one of the world's pre-eminent offshore investment centers, with 81% of the wealth invested in funds sourced from non-residents. However, the onshore market is a major source of assets under management (AUM) in its own right, with 1.0 million affluent individuals despite the city state's small population. As a regional trading hub Singapore's growth rates are closely tied to the health of regional powerhouses such as China, India, and Indonesia; however, even with growth slowing in some of these economies, Singapore's wealth market will continue to post rates that are the envy of the developed world.
Full Report Details at
- http://www.fastmr.com/prod/1173002_wealth_singapore_sizing.aspx?afid=301
Key Findings
* HNW individuals totaled 29,600 in 2015, a tiny proportion of the overall population and well below the levels seen in the US or Switzerland.
* HNW liquid assets are expected to grow by roughly 7.5% a year between 2015 and 2019.
* Bonds will be the fastest-growing asset class, but more due to greater availability than client demand.
* While Singapore attracts significant offshore investment, residents are also keen to invest abroad - 34% of AUM is invested offshore
Synopsis
Verdict Financial's "Wealth in Singapore: Sizing the Market Opportunity" analyzes the Singaporean wealth and retail savings and investments markets, with a focus on the HNW segment. The report is based on our proprietary datasets.
Specifically the report:
* Sizes the affluent market (both by the number of individuals and the value of their liquid assets) using our proprietary datasets.
* Analyzes which asset classes are favored by Singaporean retail investors and how their preferences impact the growth of the total savings and investments market.
* Examines HNW clients' attitudes towards non-liquid investments, such as hedge funds, property and commodities.
* Identifies key drivers and booking centers for offshore investments by Singaporean HNW clients.
Reasons to Get this Report
* Benchmark your share of the Singaporean wealth market against the current market size.
* Forecast your future growth prospects using our projections for the market to 2019.
* Identify your most promising client segment by analyzing penetration of affluent individuals in Singapore.
* Evaluate your HNW proposition by understanding the investment mix of the local onshore investment market.
* Review your offshore strategy by learning HNW motivations for offshore investments and their preferred booking centers.
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For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156 (1.413.485.7001 Int'l)
You may also be interested in these related reports:
- Wealth in the UK: Sizing the Market Opportunity; Sizing the wealth market in the UK and its growth potential.
- Wealth in China: Sizing the Market Opportunity; Sizing the wealth market in China and its growth potential.
- Wealth in Turkey: Sizing the Market Opportunity; Sizing the wealth market in Turkey and its growth potential.
- Wealth in Germany: Sizing the Market Opportunity ; Sizing the wealth market in Germany and its growth potential.
- Wealth in Australia: Sizing the Market Opportunity
"Wealth in Singapore: Sizing the Market Opportunity" Published
Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001