HNWI Asset Allocation in Switzerland to 2014

Published: Mar, 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 Switzerland.
 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 Switzerland HNWIs across 13 asset classes. The report also includes projections of the volume, wealth and asset allocations of Switzerland HNWIs to 2017 and a comprehensive and robust background of the local economy.
Scope
 Independent market sizing of Switzerland 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 2013, real estate was the largest asset class for HNWIs in Switzerland, with 24.3% of total HNWI assets, followed by equities with 17.5%, business interests with 17.5%, cash and deposits with 15.5%, fixed-income with 15.5%, and alternatives with 9.7%.
 Cash, alternatives and real estate recorded growth during the review period at 266.0%, 119.0% and 48.0% respectively. 
 Alternative assets held by Swiss HNWIs increased during the review period from 5.8% of total HNWI assets in 2009 to 9.7% in 2013; HNWI allocations to commodities increased from 1% of total assets in 2009 to 2.6% in 2013. 
 Over the forecast period, WealthInsight expects allocations in commodities to decline to 2.1% 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 flatten out.
 As of 2013, Swiss HNWI liquid assets amounted to US$795.2 billion, representing 48.5% 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 Switzerland's Wealth in Context
3.4.1 Distribution of wealth in Switzerland
3.5 HNWI Volume and Wealth Trends
4 ANALYSIS OF SWISS 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 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 Swiss UHNWI Investments
5 APPENDIX
5.1 Additional Components of the Wealth Sector in Switzerland
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 CHF 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

Table 1: HNWI Wealth Band and Group Definitions
Table 2: Regions in Switzerland, (Thousand), 2013
Table 3: Swiss Allocations of HNWI Assets (%), 2009-2018
Table 4: Swiss HNWIs ? Holdings Growth (%), 2009-2018
Table 5: Swiss HNWIs - Alternative Asset Composition (%), 2009-2018
Table 6: Swiss HNWIs - Trends of Investments in Alternative Assets (%), 2009-2018
Table 7: Swiss Trends in 'Art, Wine and Wheels', 2009-2013
Table 8: Global Prime Real Estate Prices per m� (US$), 2012
Table 9: Swiss HNWIs - Percentage of Foreign Investment Allocations, 2009-2018
Table 10: SwissHNWIs - Liquidity Breakdown (US$ Billion), 2009-2018
Table 11: Swiss HNWIs - Liquidity Breakdown (%), 2009-2018
Table 12: Swiss UHNWIs - Allocations and Share of HNWI Assets, 2013
Table 13: Swiss Income Tax Bands (CHF), 2013-2013
Table 14: CHF per US$ Exchange Rate (%), 2009-2018
Table 15: Swiss Real GDP Growth (%), 2009-2018
Table 16: Swiss GDP Per Capita (US$), 2009-2018
Table 17: Swiss Domestic Market Capitalization (US$ Billion) 2009-2013
Table 18: Swiss Commodity Indices, 2009-2018
Table 19: Swiss Foreign Direct Investments (US$ Billion), 2007-2011
Table 20: Swiss Inflation Rate (%), 2009-2018
Table 21: Swiss Money Market Rate (%), 2009-2018
Table 22: Swiss Balance of Payments (US$ Billion) 2009-2013
Table 23: Swiss Government Debt as a Percentage of GDP (%), 2009-2018
Table 24: Swiss Stock Market Performance, 2009-2013
Table 25: Swiss HNWI Wealth vs GDP Ratio (%), 2009-2018
Table 26: Switzerland- Appendix One
Table 27: Switzerland - Appendix Two