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Ultra HNWIs in Singapore in 2014

Ultra HNWIs in Singapore in 2014

Synopsis

This report reviews the performance and asset allocations of Ultra HNWIs in Singapore, and highlights top-performing cities. It also includes an evaluation of the local wealth management industry.

Summary

  • This report is the result of WealthInsight’s extensive research covering the high net worth individual (HNWI) population and wealth management market in Singapore.
  • The report focuses on HNWI performance between the end of 2008 (the peak before the global financial crisis) and the end of 2013. This enables us to determine how well the country's UHNWIs have performed through the crisis.
Scope
  • UHNWI volume, wealth and allocation trends from 2009 to 2013
  • UHNWI volume, wealth and allocation forecasts to 2018
  • UHNWI asset allocations across 13 asset classes
  • Number of UHNWIs in each state and all major cities
  • Fastest growing cities and states for UHNWIs (2009-2013)
  • Number of wealth managers in each city
  • City wise ratings of wealth management saturation and potential
  • Details of the development, challenges and opportunities of the Wealth Management and Private Banking sector in Singapore
  • Size of Singapore wealth management industry
  • Largest domestic private banks by AuM
  • Detailed wealth management and family office information
  • Insights into the drivers of HNWI wealth
Reasons To Buy
  • The Ultra HNWIs in Singapore 2014 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 2018.
  • Also provides detailed information on UHNWIs in each major city.
Key Highlights
  • There were 3,154 UHNWIs in Singapore in 2013 with an average wealth of US$100.1 million, making them a prime target group for wealth sector professionals. Of this total, there were 25 billionaires, 751 centimillionaires and 2,378 affluent millionaires.
  • UHNWIs accounted for 2.1% of the total Singaporean HNWI population in 2013; higher than the global average of 0.7%. The number of UHNWIs in Singapore increased by 28.1% during the review period, rising from 2,462 in 2009 to 3,154 in 2013.
  • While the number of billionaires increased by 150.0%, the number of centimillionaires and affluent millionaires increased by 26.6% and 27.8% respectively.
  • WealthInsight expects the number of UHNWIs to increase by 18.6%, to reach 3,828 in 2018. This will comprise 32 billionaires, 912 centimillionaires and 2,884 affluent millionaires.


  • Introduction
    • Details of this Report
    • Definitions
      • Table HNWI Wealth Band and Group Definitions
  • Executive Summary
  • Wealth Sector Fundamentals
    • Political Background
    • Economic Background
    • Benchmarking Singapore's Wealth in Context
      • Distribution of wealth in Singapore
    • HNWI Volume and Wealth Trends
  • Findings from the WealthInsight HNWI Database
    • Trends in HNWI Wealth to 2018
      • HNWI trend analysis
      • Wealth band trends
        • Table Singaporean HNWIs - Volume Distribution (%), 2013
        • Table Singaporean HNWIs - Wealth Distribution (%), 2013
      • Demographic breakdown of HNWIs
      • HNWIs - job titles
      • HNWIs - industry breakdown
      • HNWIs - industry performance
        • Table Singaporean HNWIs - Industry Performance, 2009-2013
    • UHNWIs
      • UHNWI volume trend analysis
      • UHNWI wealth trend analysis
      • Demographic breakdown of UHNWIs
        • Table Singaporean UHNWIs - Gender Performance, 2009-2013
        • Table Singaporean UHNWIs - Sources of Wealth (%), 2013
      • UHNWIs - industry breakdown
    • UHNWIs - Billionaires
      • Table Singaporean Billionaires - Market Overview (US$ Billion), 2009-2018
      • Billionaire volume trend analysis
      • Billionaire wealth trend analysis
      • Billionaire per capita net worth trend analysis
      • List of billionaires
        • Table Top Seven Singaporean Billionaires (US$ Billion), 2013
        • Table Singaporean Billionaire Wealth Growth, 2009-2013
    • UHNWIs - Centimillionaires
      • Table Singaporean Centimillionaires - Market Overview, 2009-2018
      • Centimillionaire volume trend analysis
      • Centimillionaire wealth trend analysis
      • Centimillionaire per capita net worth trend analysis
    • UHNWIs - Affluent Millionaires
      • Table Singaporean Affluent Millionaires - Market Overview, 2009-2018
      • Affluent millionaire volume trend analysis
      • Affluent millionaire wealth trend analysis
      • Affluent millionaire per capita net worth trend analysis
    • Core HNWIs
      • Core HNWI volume trend analysis
    • Core HNWIs - Mid-Tier Millionaires
      • Table Singaporean Mid-Tier Millionaires - Market Overview, 2009-2018
      • Mid-tier millionaire volume trend analysis
      • Mid-tier millionaire wealth trend analysis
      • Mid-tier millionaire per capita net worth trend analysis
    • Core HNWIs - Lower-Tier Millionaires
      • Table Singaporean Lower-Tier Millionaires - Market Overview, 2009-2018
      • Lower-tier millionaire volume trend analysis
      • Lower-tier millionaire wealth trend analysis
      • Lower-tier millionaire per capita net worth trend analysis
  • Analysis of Singaporean HNWI Investments
    • Analysis by Asset Class
      • Table Singaporean Allocations of HNWI Assets, 2009-2018
      • Table Singaporean HNWIs - Holdings Growth (%), 2009-2018
      • Trends in alternative assets
        • Table Singaporean HNWIs - Alternative Asset Composition (%), 2009-2018
        • Table Singaporean HNWIs - Trends of Investments in Alternative Assets (%), 2009-2018
      • Trends in `art, wine and wheels'
        • Table Singaporean Trends in `Art, Wine and Wheels', 2009-2013
      • Trends of investments in real estate
        • Table Global Prime Real Estate Prices per m2 (US$), 2014
      • Investments trends in cash and deposits
      • Investments trends in fixed-income
      • Investment trends in equity
      • Investment trends in business interests
    • Analysis of Foreign Investments
      • Table Singaporean HNWIs - Foreign Investment Allocations (%), 2009-2018
      • Investments in Europe
      • Investments in North America (including the US, Singapore and the Caribbean)
      • Investments in the Asia-Pacific
      • Investments in Central and South America
      • Investments in the Middle East
      • Investments in Africa
    • Alternative Breakdown: Liquid vs Investable Assets
      • Table Singaporean HNWIs - Liquidity Breakdown (US$ Billion), 2009-2018
      • Table Singaporean HNWIs - Liquidity Breakdown (%), 2009-2018
    • Analysis of Singaporean UHNWI Investments
      • Table Singaporean UHNWIs - Allocations and Share of HNWI Assets, 2013
  • Competitive Landscape of the Wealth Sector
    • Competitive Landscape
      • Domestic private banks
        • Table Leading Private Banks in Singapore by AuM (US$ Million), 2013
      • Wealth managers
        • Table Singaporean Wealth Managers, 2013
      • Family offices
        • Table Singaporean Family Offices, 2013
      • Financial advisors
    • Developments in the Singaporean Private Banking Industry
      • Table Wealth Management Industry - Recent Deal Activity in Singapore, 2013-2014
    • Singaporean Wealth Management Industry - Clientele Model and Maturity
    • Behavioral Mapping of Wealth Management and Private Banking in Singapore
  • Appendix
    • Tax Regulations
      • Table Singaporean Income Tax Bands (SGD), 2013
    • Key Drivers
      • SGD to US$ exchange rate
        • Table SGD per US$ Exchange Rate, 2009-2018
      • Real GDP growth
        • Table Singaporean Real GDP Growth (%), 2009-2018
      • Per capita GDP
        • Table Singaporean GDP per Capita (US$), 2009-2018
      • Domestic market capitalization
        • Table Singaporean Domestic Market Capitalization (US$ Billion), 2009-2013
      • Commodity index
        • Table Singaporean Commodity Indices, 2009-2018
      • Foreign direct investments - inflow and outflow
        • Table Singaporean Foreign Direct Investments (US$ Billion), 2009-2018
      • Inflation
        • Table Singaporean Inflation Rate (%), 2009-2018
      • Interest rate
        • Table Singaporean Interest Rate (%), 2009-2018
      • Balance of payments
        • Table Singaporean Balance of Payments (US$ Billion), 2009-2013
      • Government debt
        • Table Singaporean Government Debt as a Percentage of GDP (%), 2009-2018
      • Stock market performance
        • Table Singaporean Stock Market Performance, 2009-2013
    • Wealth Breakdown
      • Table Singaporean HNWI Wealth vs GDP Ratio (%), 2009-2018
      • Table Singapore - Appendix One
      • Table Singapore - Appendix Two
  • About WealthInsight

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