HNWI Asset Allocation in Italy 2016

Published: Sep, 2016 | Pages: 54 | Publisher: WealthInsight
Industry: Wealth Management | Report Format: Electronic (PDF)

Summary

• This report is the result of WealthInsight’s extensive research covering the high net worth individual (HNWI) population and wealth management market in Italy.

• The report focuses on HNWI performance between the end of 2011 and the end of 2015. This enables us to determine how well the country's HNWIs have performed through the crisis.

Synopsis

This report provides the latest asset allocations of Italy HNWIs across 13 asset classes. The report also includes projections of the volume, wealth and asset allocations of Italy HNWIs to 2020 and a comprehensive and robust background of the local economy.	

Scope

• Independent market sizing of Italy HNWIs across five wealth bands

• HNWI volume and wealth trends from 2011 to 2015

• HNWI volume and wealth forecasts to 2020

• HNWI and UHNWI asset allocations across 13 asset classes                                                                                                                                                                                                   

• Insights into the drivers of HNWI wealth

Reasons To Buy

• The HNWI Asset Allocation in Italy 2016 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 125,000 HNWIs from around the world.

• With the wealth report as the foundation for our research and analysis, we are able to 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 2020.

Key Highlights

• Real estate was the largest asset class for Italian HNWIs in 2015, with 23.4% of total HNWI assets, followed by equities with 19.2%, fixed income with 16.4%, cash and deposits with 15.7%, business interests with 14.9% and alternatives with 10.5%. 

• Equities recorded the highest growth during the review period at a rate of 51.3%, followed by alternatives and business interests at respective rates of 22.8% and 20.0%.

• Alternative assets held by Italian HNWIs increased from 9.3% to 10.5% between 2011 and 2015. HNWI allocations to commodities decreased from 2.4% to 1.6% of total assets during this period. 

• WealthInsight expects allocations in commodities to remain same over the forecast period, at 1.6% of total HNWI assets by 2020.

• Italian HNWI liquid assets valued US$529.6 billion as of 2015, representing 51.2% of total wealth holdings.

 Table Of Content

1 Introduction
1.1 Details of this Report
1.2 Definitions

2 Executive Summary

3 Italy Key Facts

4 Distribution of Wealth in Italy
4.1 HNWI Volume and Wealth Trends

5 Analysis of Italian HNWI Investments
5.1 Analysis by Asset Class
5.1.1 Trends in alternative assets
5.1.2 Trends in ‘art, wine and wheels’
5.1.3 Trends of investment in real estate
5.1.4 Trends of investment in cash and deposits
5.1.5 Trends of investment in fixed-income
5.1.6 Trends of investment in equities
5.1.7 Trends of investments in business interests
5.2 Analysis of Foreign Investments
5.2.1 Investments in Europe
5.2.2 Investments in North America (including the US, Mexico and the Caribbean)
5.2.3 Investments in Asia-Pacific
5.2.4 Investments in South America
5.2.5 Investments in the Middle East
5.2.6 Investments in Africa
5.3 Alternative Breakdown: Liquid vs. Investable Assets
5.4 Analysis of Italian UHNWI Investments

6 Key Drivers
6.1 EUR–US$ Exchange Rate
6.2 Real GDP Growth
6.3 Per Capita GDP
6.4 Domestic Market Capitalization
6.5 Commodity Index
6.6 Foreign Direct Investment (FDI) – Inflows and Outflows
6.7 Inflation Rate
6.8 Interest Rates
6.9 Balance of Payments
6.1 Government Debt
6.11 Stock Market Performance
6.12 Wealth Breakdowns

7 About WealthInsight

List of Tables

Table 1: HNWI Wealth Band and Group Definitions
Table 2: Italian HNWIs – Asset Allocations (%), 2011–2020
Table 3: Italian HNWIs – Holdings Growth (%), 2011–2020
Table 4: Italian HNWIs – Alternative Asset Composition (%), 2011–2020
Table 5: Italian HNWIs – Trends of Investments in Alternative Assets (%), 2011–2020
Table 6: Italian Trends in ‘Art, Wine and Wheels’, 2011–2015
Table 7: Global Prime Real Estate Prices per m2 (US$), 2015
Table 8: Italian HNWIs – Foreign Investment Allocations (%), 2011–2020
Table 9: Italian HNWIs – Liquidity Breakdown (US$ Billion), 2011–2020
Table 10: Italian HNWIs – Liquidity Breakdown (%), 2011–2020
Table 11: Italian UHNWIs – Allocations and Share of HNWI Assets (%), 2015
Table 12: Italian Exchange Rate – EUR–US$ Exchange Rate, 2011–2020
Table 13: Italian Real GDP Growth (%), 2011–2020
Table 14: Italian GDP per Capita (US$), 2011–2020
Table 15: Italian Domestic Market Capitalization (US$ Billion), 2011–2015
Table 16: Italian Commodity Indices, 2011–2020
Table 17: Italian Foreign Direct Investment (US$ Billion), 2011–2020
Table 18: Italian Inflation Rate (%), 2011–2020
Table 19: Italian Money Market Rates (%), 2011–2020
Table 20: Italian Balance of Payments (US$ Billion), 2011–2015
Table 21: Italian Government Debt as a Percentage of GDP (%), 2011–2020
Table 22: Italian Stock Market Performance (Index), 2011–2015
Table 23: Italian HNWI Wealth vs. GDP Ratio (%), 2011–2020
Table 24: Italy – Appendix One
Table 25: Italy – Appendix Two

List Of Figures

Figure 1: HNWI Wealth Band Definitions
Figure 2: Map of Italy
Figure 3: Italian Asset Price Performance (%), 2011–2015
Figure 4: Italian HNWI Performance (US$ Billion and HNWI Volume), 2011–2020
Figure 5: Italian vs. Global HNWIs (%), 2011–2015
Figure 6: Italian HNWs – Asset Class Composition (%), 2011–2020
Figure 7: Italian HNWIs – Trends in Alternative Assets (US$ Billion), 2011–2020
Figure 8: Italian Trends in ‘Art, Wine and Wheels’, 2011–2015
Figure 9: Italian HNWIs – Foreign Investment Allocation and Growth (%), 2015
Figure 10: Italian HNWIs – Global Distribution of Foreign Investments (%), 2011–2020
Figure 11: Italian HNWIs – Liquidity Breakdown (%), 2011–2020
Figure 12: Italian UHNWIs – Asset Class Composition (%), 2011–2020
Figure 13: Italian Exchange Rate – EUR–US$, 2011–2020
Figure 14: Italian Real GDP Growth (%), 2011–2020
Figure 15: Italian GDP per Capita (US$), 2011–2020
Figure 16: Italian Domestic Market Capitalization (US$ Billion), 2011–2015
Figure 17: Italian Commodity Indices, 2011–2020
Figure 18: Italian Foreign Direct Investment (US$ Billion), 2011–2020
Figure 19: Italian Inflation Rate (%), 2011–2020
Figure 20: Italian Money Market Rates (%), 2011–2020
Figure 21: Italian Balance of Payments (US$ Billion), 2011–2015
Figure 22: Italian Government Debt as a Percentage of GDP (%), 2011–2020
Figure 23: Italian Stock Market Performance (Index), 2011–2015
Figure 24: Italian HNWI Wealth vs. GDP Ratio (%), 2011–2020
Figure 25: Italian HNWIs – Volume by Wealth Band, 2011–2020
Figure 26: Italian HNWIs – Wealth by Wealth Band (US$ Billion), 2011–2020
Figure 27: Italian HNWIs – Wealth per Capita (US$ Million), 2011–2020