openPR Logo
Press release

Wealth in Singapore: Sizing the Market Opportunity

04-06-2017 03:46 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: MarketResearchReports.biz

MarketResearchReports.Biz presents this most up-to-date research on "Wealth in Singapore: Sizing the Market Opportunity"

Description

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.

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 Buy

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.

Download Sample Copy of This Report at: http://www.marketresearchreports.biz/sample/sample/453166

Table of Contents

EXECUTIVE SUMMARY
Singapore's small domestic wealth market is as attractive as its large offshore sector
Key findings
Critical success factors

SIZING AND FORECASTING THE SINGAPOREAN WEALTH MARKET
While primarily a major offshore center, Singapore also has a substantial onshore element
Offshore investors do not book in Singapore to keep their funds in deposits
In contrast, managed funds are dominated by offshore AUM
Favorable domestic conditions will drive further expansion in onshore wealth
A sizable proportion of Singapore's population will move into the affluent market in the coming years
The bulk of Singapore's onshore wealth is concentrated in the hands of the affluent
HNW portfolios above $10m in AUM will experience the highest growth

Browse Latest Industry Press Release at: http://www.marketresearchreports.biz/pressreleases

About us

MarketResearchReports.biz is the most comprehensive collection of market research reports.
MarketResearchReports.Biz services are specially designed to save time and money for our clients.
We are a one stop solution for all your research needs, our main offerings are syndicated research
reports, custom research, subscription access and consulting services. We serve all sizes and types
of companies spanning across various industries.

Contact
State Tower
90 State Street, Suite 700
Albany, NY 12207
United States
Tel: +1-518-621-2074
Website: http://www.marketresearchreports.biz/
E: sales@marketresearchreports.biz
Follow us on LinkedIn: https://www.linkedin.com/company/marketresearchreports-biz

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Wealth in Singapore: Sizing the Market Opportunity here

News-ID: 494459 • Views: 429

More Releases from MarketResearchReports.biz

Hydro-flyers Market: Moving Towards a Brighter Future
A hydro-flyer is an adventure sporting device which uses the propulsion of water jet technology to create continuous flight movement, where the lift and movement are controlled by the flyer. Hydro-flyers sporting devices make use of the flow of water power to drive the flyer to reach soaring heights. The rise in water sporting facilities is one of the major factors that promote the growth and demand for hydro-flyers in
Outdoor Floodlights: Technology and Market Dynamics
Outdoor floodlights is a reliable, highly efficient, and economical solution for a wide range of outdoor applications. These lights are resistant to temperature fluctuations and they remain stable even in extreme climatic conditions. Unlike the traditional lights, floodlights remain stable and functional even in harsh climatic conditions. This makes them ideal for use in any climate and any outdoor application. Outdoor floodlights save a significant amount of energy and consume
Snow Helmets Market Future Prospects and Regional Outlook
Riders are riding faster and getting bolder day by day. Hence, safety equipment need to be updated as per the requirement and changing time. Earlier, helmets were primarily used by extreme skiers and racers. They were used only on slopes. However, later, the use of helmets was made compulsory. Earlier, bulky black helmets were used by riders, which are outdated at present. Currently, new stylish helmets that can match with
Predictions for 2019: Global Sparkling Water Dispensers Industry Is Set to Boom
Sparkling water dispensers are equipment used for dispensing carbonated water. These dispensers mix the still, filtered water with carbon dioxide before dispensing. Sparkling water dispensers are mostly used in households and commercial establishments such as amusement parks, hotels, restaurants, and sports arenas. A sparkling water dispenser has separate outlets for hot water and cold water. The hot water outlet does not require a separate filtration process. However, cold water is

All 5 Releases


More Releases for Singapore

Magento development company singapore
Suria International, a leading Magento web development company An online shop is the need of the hour in the age of eCommerce and mCommerce. Advancing technology has introduced several platforms to build feature-rich online stores, but Magento has remained a preferred choice of many online retailers for years. High scalability, broad system support, and result-oriented adaptability have made Magento eCommerce development popular worldwide. Magento, with its three variants- Magento Community Edition, Magento
ITIL Singapore
ITIL Singapore Certification Training at Vinsys. Get ITIL Training with EXIN & PeopleCert Accredited ITIL Certification Training with IT Tactic of Business Vision ITIL Singapore. ITIL Foundation Singapore is the most widely recognized entrance-level ITIL certification for IT professionals. IT departments need qualified specialists who can carry effective IT services. This ITIL Singapore training will show you the ITIL Singapore services lifecycle, how lifecycle steps are linked, processes elaborate, and finest
Baby Food in Singapore
The Singaporean baby food market is small in terms of total size, but highly developed in terms of per capita consumption. The fluctuations in the number of births have a clear effect on sales. In value terms, almost 90% of the market consists of baby milks, with the bulk of the remainder split between baby meals/drinks and baby cereals in 2015. In volume terms, milk accounts for 76.9%, wet meals
Jewellery Market in Singapore
Summary This report helps to analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Jewellery in Singapore Description Consumers in Singapore are becoming more adventurous and are increasingly opting for exclusive and unique designs to differentiate themselves. For example, there is growing demand for non-diamond engagement rings in Singapore, with home-grown label Carrie K witnessing a 15% boost in sales for
WBLCA & Technology Seminar Singapore
Just as technology has reshaped how individuals communicate and how organizations do business, it also having a profound impact on the practice of law. Technological developments are affecting management strategies in corporate legal departments, and changing how legal services are delivered. Venue: Singapore (Hotel Mandarin) Date: 15 May 2016 Registration: 8.15am to 9.00am (Singapore Time) Event: 9.00am to 5.00pm WBLCA & Technology Seminar examines both the: (a) legal challenges (b) opportunities
Avolution Opens Singapore Office
Avolution, developer and supplier of software solutions for enterprise modeling, planning and IT strategy, announced today that it has opened a South East Asian office in Singapore. The announcement follows strong growth throughout 2014, which is projected to increase further over the next twelve months. “South East Asia continues to be a strong region for Avolution,” said Mark Denford, Asia-Pacific Manager, “and Singapore is at the centre of this growth. Singaporean government