- This report is the result of WealthInsights extensive research covering the high net worth individual (HNWI) population and wealth management market in Spain.
- The report focuses on HNWI performance between the end of 2007 (the peak before the global financial crisis) and the end of 2012. This enables us to determine how well the country's HNWIs have performed through the crisis.
This report is a thorough analysis of Spain's Wealth Management and Private Banking sector, and the opportunities and challenges that it faces.
- Independent market sizing of Spain HNWIs across five wealth bands
- HNWI volume and wealth trends from 2008 to 2012
- HNWI volume and wealth forecasts to 2017
- HNWI and UHNWI asset allocations across 13 asset classes
- Number of UHNWIs in each state and all major cities
- Fastest growing cities and states for UHNWIs (2008-2012)
- Insights into the drivers of HNWI wealth
Reasons To Buy
- 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.
- Report includes comprehensive forecasts to 2017.
- In 2012, real estate was the largest asset class for HNWIs in Spain 21.7% of total HNWI assets, followed by business interests 17.5%, equities 17.1%, fixed-income 16.7%, cash 16.5% and alternatives 10.4%.
- Alternatives, equities and fixed-income products recorded the strongest growth during the review period, driven by strong recovery in the US economy, and the eurozone crisis.
- The value of business interests decreased during the review period, from 17.8% of Spanish HNWI assets in 2008 to 17.5% in 2012.
- After posting strong growth during the review period, alternative holdings are expected to decrease substantially over the forecast period due to increasing volatility and growing interest in other asset classes, whereas real estate, which was an underperforming sector during the review period, will grow over the forecast period.
- As of 2012, Spanish HNWI liquid assets amounted to US$256 billion, representing 25.8% of wealth holdings.