Challenges and Opportunities for the Wealth Sector in Peru 2013

Published: Nov, 2013 | Pages: 50 | Publisher: WealthInsight
Industry: Wealth Management | Report Format: Electronic (PDF)


Synopsis
 This report is the result of WealthInsight's extensive research covering the high net worth individual (HNWI) population and wealth management market in Peru.
 The report focuses on HNWI performance between the end of 2007 (the peak before the global financial crisis) and the end of 2012. This enables us to determine how well the country's HNWIs have performed through the crisis.
Summary
This report is a thorough analysis of Peru's Wealth Management and Private Banking sector, and the opportunities and challenges that it faces.
Scope
 Independent market sizing of Peru HNWIs across five wealth bands
 HNWI volume and wealth trends from 2008 to 2012
 HNWI volume and wealth forecasts to 2017
 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 (2008-2012)
 Insights into the drivers of HNWI wealth
Reason To Buy
 The WealthInsight Intelligence Center Database 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.
 The Intelligence Center also includes tracking of wealth and liquidity events as they happen and detailed profiles of major private banks, wealth managers and family offices in each market.
 With the Database 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 2017.
Key Highlights
 At the end of 2012, there were just over 22,700 core millionaires in Peru, with a combined wealth of US$73 billion and an average wealth of US$3.2 million. 
 During the review period, the number of core HNWIs increased by 28.4% from 17,700 in 2008 to 22,700 in 2012.
 According to WealthInsight's projections, the number of core HNWIs in Peru will grow by 14% over the forecast period to reach over 27,000 by 2017.

 1 Introduction
1.1 Details of this Report
1.2 Definitions
2 Executive Summary
3 Wealth Sector Fundamentals
3.1 Political Background
3.2 Economic Background
3.3 Benchmarking Peru Wealth in Context
3.3.1 World statistics
3.3.2 Distribution of wealth in Peru
3.4 HNWI Volume and Wealth Trends
4 Competitive Landscape of the Wealth Sector
4.1 Competitive Landscape
4.1.1 Private Banks
4.1.2 Wealth managers
4.1.3 Family offices
4.1.4 Offshore wealth
4.2 Wealth Management Industry - Clientele Model and Maturity
4.3 Behavioral mapping of wealth management and private banking in Peru
4.4 Financial Services Review
4.4.1 Financial advisors
4.4.2 Pension fund industry
5 Appendix
5.1 Additional Regional Information
5.2 Regulations on Taxes
5.3 Key Drivers
5.3.1 LC to US$ exchange rate
5.3.2 Real GDP growth
5.3.3 Per capita GDP
5.3.4 Domestic market capitalization
5.3.5 Commodity index
5.3.6 Foreign direct investment
5.3.7 Inflation rate
5.3.8 Interest rate
5.3.9 Balance of payments
5.3.10 Stock market performance
5.4 Wealth breakdowns
8 About WealthInsight

Table 1: HNWI Wealth Band and Group Definitions
Table 2: Largest Peruvian Cities, 2012
Table 3: Major Peruvian Private Banks Ranked by Local AuM (US$ Billion), 2012
Table 4: Other Peruvian Private Banks, 2012
Table 5: Peruvian Major Foreign Private Banks, 2012
Table 6: Peruvian Wealth Managers, 2012
Table 7: Peruvian Financial Advisors, 2012
Table 8: PEN to US$ Exchange Rate, 2008-2017
Table 9: Peruvian Real GDP Growth (%), 2008-2017
Table 10: Peruvian GDP Per Capita, 2008-2017
Table 11: Peruvian Domestic Market Capitalization (US$ Billion), 2008-2012
Table 12: Global Commodity Indices, 2008-2017
Table 13: Peruvian Foreign Direct Investment (US$ Billion), 2008-2017
Table 14: Peruvian Inflation Rate, 2008-2017
Table 15: Peruvian Benchmark Interest Rate, 2008-2017
Table 16: Peruvian Balance of Payments (US$ Billion), 2008-2012
Table 17: Peruvian Stock Market Performance, 2008-2012
Table 18: Peruvian HNWI Wealth vs GDP Ratio (%), 2008-2017
Table 19: Peru Appendix 1
Table 20: Peru Appendix 2