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Challenges and Opportunities for the Wealth Sector in the UAE 2015

Challenges and Opportunities for the Wealth Sector in the UAE 2015

Synopsis

This report is a thorough analysis of the UAE's Wealth Management and Private Banking sector, and the opportunities and challenges that it faces.

Summary

  • This report is the result of WealthInsight’s extensive research covering the high net worth individual (HNWI) population and wealth management market in the UAE.
  • The report focuses on HNWI performance between the end of 2010 and the end of 2014. This enables us to determine how well the country's HNWIs have performed through the crisis.
Scope
  • Independent market sizing of the UAE HNWIs across five wealth bands
  • HNWI volume and wealth trends from 2010 to 2014
  • HNWI volume and wealth forecasts to 2019
  • 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 (2010-2014)
  • Insights into the drivers of HNWI wealth
Reasons To Buy
  • The Challenges and Opportunities for the Wealth Sector in the UAE 2015 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.
  • With the wealth reports 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 2019.
Key Highlights
  • UAE HNWIs held 36% (US$95 billion) of their wealth outside their home country in 2014, while the worldwide average is 20–30%.
  • Foreign asset holdings are expected to increase to US$129.8 billion by 2019, accounting for 35.7% of the country’s total HNWI assets.
  • Europe accounted for 29.6% of UAE HNWIs’ foreign assets in 2014. It was followed by Asia-Pacific with 26.6%, the Middle East with 19.1%, Africa with 11.0%, North America with 8.9% and Latin America with 4.7%.
  • UAE HNWI allocations to Europe decreased sharply compared with other regions during the review period, falling from 34.7% in 2010 to 29.6% in 2014.
  • WealthInsight expects HNWIs to reduce levels of investment in Europe over the forecast period, to reach 26.5% of foreign HNWI assets by 2019, with investments decreasing due to growing confidence in Asian economies.


  • Introduction
    • Details of this Report
    • Definitions
      • Table HNWI Wealth Band and Group Definitions
  • Executive Summary
  • Wealth Sector Fundamentals
  • Distribution of Wealth in UAE
    • HNWI Volume and Wealth Trends
  • Competitive Landscape
    • Additional Components of the Wealth Sector in UAE
      • Domestic p r i vate banks
      • Foreign private banks
      • Wealth managers
      • Family offices
      • Financial advisors
    • Key Drivers
      • AED to US$ exchange rate
        • Table AED to US$ Exchange Rate, 2010-2019
      • Real GDP growth
        • Table UAE Real GDP Growth (%), 2010-2019
      • Per capita GDP
        • Table UAE GDP per Capita (US$), 2010-2019
      • Domestic market capitalization
        • Table UAE Domestic Market Capitalization (US$ Billion), 2010-2014
      • Commodity index
        • Table UAE Commodity Indices, 2010-2019
      • Foreign direct investments (FDI) - inflows and outflows
        • Table UAE Foreign Direct Investments (US$ Billion), 2010-2019
      • Inflation rate
        • Table UAE Inflation Rate (%), 2010-2019
      • Interest rate
        • Table UAE Money Market Rate (%), 2010-2019
      • Balance of payments
        • Table UAE Balance of Payments (US$ Billion), 2010-2014
      • Government debt
        • Table UAE Government Debt as a Percentage of GDP (%), 2010-2019
      • Stock market performance
        • Table UAE Stock Market Performance (Index), 2010-2014
    • Wealth Breakdowns
      • Table UAE HNWI Wealth vs GDP Ratio (%), 2010-2019
      • Table UAEHNWIs - Appendix One
      • Table UAE HNWIs - Appendix Two
  • About WealthInsight

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