The global wealth market is on a continuous growth path, but it is not homogeneous. Rates and reasons for growth differ between individuals affluent segments, the level of economic development in any given nation, and local conditions. So too do inclinations to invest in different asset classes. Understanding these differences is crucial for wealth managers when approaching clients.
Understand the dynamics of regional wealth markets and how this is set to change by 2018.
Find out local preferences regarding tendencies towards investing in different asset classes.
Discover the main drivers for offshore investments.
What local wealth market is the biggest in the world? And what markets are chasing it?
Which affluent segments represent the biggest opportunity for wealth managers?
What impact do political and economic conditions have on the global wealth market?
How do HNW and mass affluent individuals differ in terms of their portfolio allocation preferences?
Worldwide liquid onshore assets will exceed $100tn no later than 2016. The wealthiest will grow their assets faster than the rest of the population. This underlines the fact that the majority of global wealth is held by a small number of people.
Most developing economies are deposit-heavy, with equities and mutual funds the domain of mature markets. Investors in emerging and frontier markets still remember the turbulence caused by the financial crisis, when their portfolios suffered from significant losses. On the other hand, low yields have been discouraging investors from bonds.
Currency exchange rates have a significant impact on countries relative strength against other wealth markets. Markets with their currencies pegged to the US dollar benefited from stability in 2014, as the dollar gained against most other currencies.