HNWI Asset Allocation in Spain to 2013

Published: Jan, 2014 | Pages: 69 | 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 Spain.
 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 provides the latest asset allocations of Spain HNWIs across 13 asset classes. The report also includes projections of the volume, wealth and asset allocations of Spain HNWIs to 2017 and a comprehensive and robust background of the local economy.
Scope
 Independent market sizing of Spain 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 
 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
 In 2012, there were 141,691 core millionaires in Spain, with a combined wealth of US$609 billion and an average wealth of US$4.3 million. 
 During the review period, the number of core HNWIs decreased by 2.2% from 144,895 in 2008 to 141,691 in 2012. 
 According to WealthInsight's projections, the number of core HNWIs in Spain is expected to grow by around 23.2% over the forecast period to reach 174,619 by 2017.

 TABLE OF CONTENTS
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 Spanish Wealth in Context
3.4.1 Distribution of wealth in Spain
3.5 HNWI Volume and Wealth Trends
4 Analysis of Spanish HNWI Investments
4.1 Analysis by Asset Classes
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 Trends of investments in cash and deposits
4.1.5 Trends of investments in fixed-income
4.1.6 Trends of investments in equity
4.1.7 Trends of Investments 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 Spanish UHNWI Investments
5 Appendix
5.1 Additional Components of the Wealth Sector in Spain
5.1.1 Philanthropy
5.1.2 Demand for intergenerational wealth transfer
5.1.3 Human resource availability for the wealth management industry
5.2 Regulations on Taxes
5.3 Regulations Related to Immigration, Investment and Employment
5.4 Key Drivers
5.4.1 Euro 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 rate
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 Breakdowns
6 About WealthInsight

LIST OF TABLES
Table 1: HNWI Wealth Band and Group Definitions
Table 2: Regions in Spain, 2012
Table 3: Largest Cities in Spain, 2012
Table 26: Spanish Allocations of HNWI Assets, 2008?2017
Table 27: Spanish HNWIs ? Holdings Growth (%), 2008-2017
Table 28: Spanish HNWIs - Trends of Investments in Alternative Assets(%), 2008-2017
Table 29: Spanish HNWIs - Alternative Asset Composition (%), 2008-2017
Table 30: Spanish Trends in 'Art, Wine and Wheels', 2008-2012
Table 31: Global Prime Real Estate Prices per Square Meter in US Dollars, 2012
Table 32: Spanish HNWIs - Percentage of Foreign Investment Allocations, 2008-2017
Table 33: Spanish HNWIs - Liquidity Breakdown (US$ Billion), 2008-2017
Table 34: Spanish HNWIs - Liquidity Breakdown (%), 2008-2017
Table 35: Spanish UHNWIs - Allocations and Share of HNWI Assets, 2012
Table 43: Spanish Income Tax Rates for the Year Ended December 31, 2013
Table 44: Spanish Capital Gains Tax Rates for the Year Ended December 31, 2013
Table 45: Euro to US$ Exchange Rate, 2008-2017
Table 46: Spanish Real GDP Growth (%), 2008-2017
Table 47: Spanish GDP Per Capita (US$), 2008-2017
Table 48: Spanish Domestic Market Capitalization (US$ Billions) 2008-2012
Table 49: Spanish Commodity Indices, 2008-2017
Table 50: Spanish Foreign Direct Investments (US$ Billion), 2008-2017
Table 51: Spanish Inflation Rate (%), 2008-2017
Table 52: Spanish Money Market Rate (%), 2008-2017
Table 53: Spanish Balance of Payments (US$ Billion), 2008-2012
Table 54: Spanish Government Debt as a Percentage of GDP (%), 2008-2017
Table 55: Spanish Stock Market Performance, 2008-2012
Table 56: Spanish HNWI Wealth vs GDP Ratio, 2008-2017
Table 57: Spain Appendix One
Table 58: Spain Appendix Two