DUBLIN–(BUSINESS WIRE)–The “The
Wealth Landscape in Singapore: Market Sizing & Opportunities to 2022”
report has been added to ResearchAndMarkets.com’s
offering.
The Wealth Landscape in Singapore: Market Sizing & Opportunities
to 2022 analyzes Singapore’s wealth and retail savings and
investments markets, with a focus on the HNW segment. This includes
overall affluent market size (both by number of individuals and the
value of their liquid assets) as well as a breakdown of liquid versus
illiquid HNW holdings.
The report also provides analysis of the factors driving liquid asset
growth, including a breakdown and forecast of total retail savings and
investments split by asset classes including deposits, mutual funds,
equities, and bonds.
Insights
Singapore is one of the world’s pre-eminent offshore investment centers,
but its domestic market is a major source of assets under management
(AUM) in its own right. Rising levels of affluence coupled with
increasing numbers of Singaporean residents classed as HNW have made the
domestic market attractive.
Affluent individuals represent over a quarter of the total adult
population. The segment held 84.5% of the country’s total onshore liquid
assets in 2018, with HNW investors alone holding over a third of the
country’s wealth.
Singaporean HNW individuals hold the majority of their investments in
liquid assets such as equities, mutual funds, deposits, and bonds – with
investment in liquid assets accounting for 78.5% of their total
investments in 2018. However, the proportion invested in illiquid
investments has been steadily increasing, with the share of illiquid
assets rising from 8.4% in 2008 to 21.5% in 2018.
Key Highlights
-
The country’s affluent individuals accounted for 26.7% of the total
Singaporean population in 2018. Wealth held by HNW investors will grow
strongly over the review period. -
Deposits remain the preferred investment avenue among Singaporean
retail investors, accounting for 68% of total liquid retail savings
and investments in 2018. -
Singaporean HNW individuals invest nearly half of their wealth outside
the country, with tax efficiency being the main reason to invest
offshore.
Reasons to Buy
-
Make strategic decisions using top-level historic and forecast data on
Singapore’s wealth industry. -
Identify the most promising client segment by analyzing penetration of
affluent individuals. -
Receive detailed insight into retail liquid asset holdings in
Singapore, including deposits, mutual funds, equities, and bonds. -
Understand changing market and competitive dynamics by learning about
new competitors and recent deals in the wealth space. -
See an overview of key digital disruptors in the country’s wealth
market.
Topics Covered
- Executive Summary
- Macroeconomic Overview
- Singapore’s Wealth Market
- Resident Retail Savings and Investments
- Resident vs Non-Resident Investments in Singapore
- Digital Disruptors
- Recent Deals
- Appendix
Companies Mentioned
- DBS
- OCBC
- HSBC
- UOB
- Maybank
- Citibank
- Standard Chartered
- CIMB
- RHB
- Bambu Life
- Sherelt
- Miss Kaya
- Schroders Plc
- Thirdrock Pte Ltd
- Octava Pte Ltd
- Franklin Templeton Investments
- Mamoru Taniya
- Bambu Singapore Pte Ltd
- Schroders Plc
- Planar Investments Pte Ltd
- SGG S.A.
- Iyer Practice Advisers
- Rozario family
- Asia Wealth Platform (StashAway)
For more information about this report visit https://www.researchandmarkets.com/r/x7cspc
Contacts
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
[email protected]
For
E.S.T. Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call
1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related
Topics: Wealth
Management
