HNWI Asset Allocation in Chile 2014

Published: May, 2014 | Pages: 66 | 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 Chile.
 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 HNWIs have performed through the crisis.
Summary
This report provides the latest asset allocations of Chile HNWIs across 13 asset classes. The report also includes projections of the volume, wealth and asset allocations of Chile HNWIs to 2018 and a comprehensive and robust background of the local economy.
Scope
 Independent market sizing of Chile HNWIs across five wealth bands
 HNWI volume and wealth trends from 2009 to 2013
 HNWI volume and wealth forecasts to 2018
 HNWI and UHNWI asset allocations across 13 asset classes 
 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 2018.
Key Highlights
 In 2013, real estate was the largest asset class for Chilean HNWIs with 28.0% of total HNWI assets, followed by equities with 19.5%, business interests with 15.0%, cash and deposits with 14.0%, fixed-income with 13.5%, and alternatives with 10.0%.
 Equities, business interests and real estate recorded the strongest growth during the review period (2009?2013) at 95%, 71% and 71% respectively. 
 Real estate assets held increased from 26.9% of total HNWI assets in 2009 to 28.0% in 2013; allocations to commodities remained level at 2.0% between 2009 and 2013. 
 Over the forecast period (2014?2018), WealthInsight expects allocations in commodities to decline to 1.5% of total HNWI assets by 2018, as global liquidity tightens due to a forecast near-term drop in demand from China for raw materials that will cause global commodity prices to level out.
 In 2013, Chilean HNWI liquid assets amounted to US$114.1 billion, representing 43.6% of wealth holdings.

 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 Social Background
3.4 Benchmarking Chile's Wealth in Context
3.4.1 Distribution of wealth in Chile
3.5 HNWI Volume and Wealth Trends
4 Analysis of Chilean HNWI Investments
4.1 Analysis by Asset Class
4.1.1 Trends in alternative assets
4.1.2 Trends in 'art, wine and wheels'
4.1.3 Trends of investments in real estate
4.1.4 Investments trends in cash and deposits
4.1.5 Investments trends in fixed income
4.1.6 Investment trends in equity
4.1.7 Investment trends in business interests
4.2 Analysis of Foreign Investments
4.2.1 Investments in Europe
4.2.2 Investments in North America (including the US, Mexico and the Caribbean)
4.2.3 Investments in Asia-Pacific
4.2.4 Investments in Central and South America
4.2.5 Investments in the Middle East
4.2.6 Investments in Africa
4.3 Alternative Breakdown: Liquid vs Investable Assets
4.4 Analysis of Chilean UHNWI Investments
5 Appendix
5.1 Additional Components of the Chilean Wealth Sector
5.1.1 Philanthropy
5.1.2 Demand for intergenerational wealth transfer
5.1.3 Availability of human resources
5.2 Tax Regulations
5.3 Regulations Related to Immigration, Investment and Employment
5.4 Key Drivers
5.4.1 CLP to US$ exchange rate
5.4.2 Real GDP growth
5.4.3 Per capita GDP
5.4.4 Domestic market capitalization
5.4.5 Commodity index
5.4.6 Foreign direct investments - inflow and outflow
5.4.7 Inflation
5.4.8 Interest rate
5.4.9 Balance of payments
5.4.10 Government debt
5.4.11 Stock market performance
5.5 Wealth Breakdown
6 About WealthInsight

Table 1: HNWI Wealth Band and Group Definitions
Table 2: Cities in Chile, 2013
Table 3: Chilean Allocations of HNWI Assets, 2009-2018
Table 4: Chilean HNWIs ? Holdings Growth (%), 2009-2018
Table 5: Chilean HNWIs - Alternative Asset Composition (%), 2009-2018
Table 6: Chilean HNWIs - Trends of Investments in Alternative Assets (%), 2009-2018
Table 7: Chilean Trends in 'Art, Wine and Wheels', 2009-2013
Table 8: Global Prime Real Estate Prices per m2 (US$), 2014
Table 9: Chilean HNWIs - Foreign Investment Allocations (%), 2009-2018
Table 10: Chilean HNWIs - Liquidity Breakdown (US$ Billion), 2009-2018
Table 11: Chilean HNWIs - Liquidity Breakdown (%), 2009-2018
Table 12: Chilean UHNWIs - Allocations and Share of HNWI Assets, 2013
Table 13: Chilean Income Tax Bands (CLP), 2013
Table 14: CLP per US$ Exchange Rate, 2009-2018
Table 15: Chilean Real GDP Growth (%), 2009-2018
Table 16: Chilean GDP per Capita (US$), 2009-2018
Table 17: Chilean Domestic Market Capitalization (US$ Billion), 2009-2013
Table 18: Chilean Commodity Indices, 2009-2018
Table 19: Chilean Foreign Direct Investments (US$ Billion), 2009-2018
Table 20: Chilean Inflation Rate (%), 2009-2018
Table 21: Chilean Interest Rate (%), 2009-2018
Table 22: Chilean Balance of Payments (US$ Billion), 2009-2013
Table 23: Chilean Government Debt as a Percentage of GDP (%), 2009-2018
Table 24: Chilean Stock Market Performance, 2009-2013
Table 25: Chilean HNWI Wealth vs GDP Ratio (%), 2009-2018
Table 26: Chile - Appendix One
Table 27: Chile - Appendix Two