India 2014 Wealth Book

Published: Apr, 2014 | Pages: 123 | 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 Japan.
Summary
This report reviews the performance and asset allocations of HNWIs and Ultra HNWIs in India. It also includes an evaluation of the local wealth management market.
Scope
 Independent market sizing of India HNWIs across five wealth bands
 HNWI volume, wealth and allocation trends from 2009 to 2013
 HNWI volume, wealth and allocation forecasts to 2018
 HNWI and UHNWI asset allocations across 13 asset classes
 Geographical breakdown of all foreign assets
 Alternative breakdown of liquid vs. investable assets
 Number of UHNWIs in major cities
 Number of wealth managers in each city
 City wise ratings of wealth management saturation and potential
 Details of the development, challenges and opportunities of the wealth management and private banking sector in India
 Size of the Indian wealth management industry
 Largest private banks by AuM
 Detailed wealth management and family office information
 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 95,000 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.
 Also provides detailed information on UHNWIs in each major city.
Key Highlights
 There were 248,176 HNWIs in India in 2013. These HNWIs held US$1.26 trillion in wealth, and wealth per HNWI was US$5,077,042.
 In 2013, Indian HNWI numbers fell by 1.2%, following a 2.9% decrease in 2012.
 Growth in HNWI wealth and volumes is expected to improve over the forecast period. The number of Indian HNWIs is forecast to grow by 34% to reach 358,057 by 2018, and HNWI wealth is expected to grow by 44% to reach US$1.99 trillion by 2018. 
 At the end of 2013, Indian HNWIs held 20.1% (US$253 billion) of their wealth outside their home country, which is line with the global average of 20-30%.

 Table of Contents
Table of Contents 
LIST OF TABLES 
LIST OF FIGURES 
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 Indian Wealth in Context 
3.4.1 Distribution of wealth in India 
3.5 HNWI Volume and Wealth Trends 
4 Findings from the WealthInsight HNWI Database 
4.1 Trends in HNWI Wealth to 2018 
4.1.1 HNWI trend analysis 
4.1.2 Wealth band trends 
4.1.3 Demographic breakdown of HNWIs 
4.1.4 HNWIs - job titles 
4.1.5 HNWIs - industry breakdown 
4.1.6 HNWIs - industry performance 
4.1.7 HNWIs - breakdown by city 
4.1.8 HNWIs - city performance 
4.1.9 HNWIs - city population densities 
4.1.10 HNWIs - city forecasts 
4.1.11 HNWIs - breakdown by state 
4.1.12 HNWIs - state performance 
4.1.13 HNWIs - state population densities 
4.2 UHNWIs 
4.2.1 UHNWI volume trend analysis 
4.2.2 UHNWI wealth trend analysis 
4.2.3 Demographic breakdown of UHNWIs 
4.2.4 UHNWIs - industry breakdown 
4.2.5 UHNWIs - city breakdown and performance 
4.3 UHNWIs - Billionaires 
4.3.1 Billionaire volume trend analysis 
4.3.2 Billionaire wealth trend analysis 
4.3.3 Billionaire per capita net worth trend analysis 
4.3.4 List of billionaires 
4.4 UHNWIs - Centimillionaires 
4.4.1 Centimillionaire volume trend analysis 
4.4.2 Centimillionaire wealth trend analysis 
4.4.3 Centimillionaire per capita net worth trend analysis 
4.5 UHNWIs - Affluent Millionaires 
4.5.1 Affluent millionaire volume trend analysis 
4.5.2 Affluent millionaire wealth trend analysis 
4.5.3 Affluent millionaire per capita net worth trend analysis 
4.6 Core HNWIs 
4.6.1 Core HNWI volume trend analysis 
4.7 Core HNWIs - Mid-Tier Millionaires 
4.7.1 Mid-tier millionnaire volume trend analysis 
4.7.2 Mid-tier millionaire wealth trend analysis 
4.7.3 Mid-tier millionaire per capita net worth trend analysis 
4.8 Core HNWIs - Lower-Tier Millionaires 
4.8.1 Lower-tier millionaire volume trend analysis 
4.8.2 Lower-tier millionaire wealth trend analysis 
4.8.3 Lower-tier millionaire per capita net worth trend analysis 
5 Analysis of Indian 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 investments in real estate 
5.1.4 Trends of investments in cash and deposits 
5.1.5 Trends of investments in fixed income 
5.1.6 Investment trends in equity 
5.1.7 Investments trends 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 Central and 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 Indian UHNWI Investments 
6 Competitive Landscape of the Wealth Sector 
6.1 Competitive Landscape 
6.1.1 Domestic private banks 
6.1.2 Foreign private banks 
6.1.3 Partnerships 
6.1.4 Wealth managers 
6.1.5 Family offices 
6.1.6 Financial advisors 
6.2 Developments in the Indian Private Banking Industry 
6.3 Wealth Management and the Private Banking Industry 
6.4 Indian Wealth Management Industry - Clientele Model and Maturity 
6.5 Behavioral Mapping of Wealth Management and Private Banking in India 
6.6 Porter's Five Force Analysis - the Wealth Management Industry 
7 Appendix 
7.1 Additional Components of the Wealth Sector in India 
7.1.1 Philanthropy 
7.1.2 Demand for intergenerational wealth transfer 
7.1.3 Human resource availability for the wealth management industry 
7.2 Tax Regulations 
7.3 Regulations Related to Immigration, Investment and Employment 
7.4 Key Drivers 
7.4.1 INR to US$ exchange rate 
7.4.2 Real GDP growth 
7.4.3 Per capita GDP 
7.4.4 Domestic market capitalization 
7.4.5 Commodity index 
7.4.6 Foreign direct investments - inflow and outflow 
7.4.7 Inflation rate 
7.4.8 Interest rate 
7.4.9 Balance of payments 
7.4.10 Government debt
7.4.11 Stock market performance 
7.5 Wealth Breakdowns 
8 About WealthInsight

LIST OF TABLES
Table 1: HNWI Wealth Band and Group Definitions 
Table 2: Cities in India by Population (Volume), 2013 
Table 3: Indian HNWIs - Volume Distribution (%), 2013 
Table 4: Indian HNWIs - Wealth Distribution (%), 2013 
Table 5: Indian HNWIs - Industry Performance, 2009-2013 
Table 6: Indian HNWIs - Cities, 2013 
Table 7: Indian HNWI Growth in Top Cities (Thousand), 2009-2013 
Table 8: Indian HNWI Population Density in Major Cities (Thousand), 2013 
Table 9: Indian HNWIs in Top Cities (Thousand), 2009-2018 
Table 10: Indian HNWIs - Growth Rates for Top Cities (%), 2009-2018 
Table 11: Indian Volume of HNWI by States (Thousand), 2013 
Table 12: Indian HNWI State Performance (%), 2009-2013 
Table 13: Indian HNWIs Population Density by State (Thousand), 2013 
Table 14: Indian UHNWI Gender Performance (%), 2009-2013 
Table 15: Indian UHNWI Source of Wealth (%), 2013 
Table 16: Indian Volume of UHNWIs in Top Cities, 2009-2018 
Table 17: Indian UHNWI Growth Rates in Top Cities (%), 2009-2018 
Table 18: Indian Billionaires Market Overview (Volume and US$ Billion), 2009-2018 
Table 19: Indian Top-10 Billionaires (US$ Billion), 2013 
Table 20: Indian Billionaire Wealth Growth (US$ Billion), 2009?2013 
Table 21: Indian Centimillionaires Market Overview (Volume and US$ Million/Billion), 2009-2018 
Table 22: Indian Affluent Millionaires Market Overview (Volume and US$ Million/Billion), 2009-2018 
Table 23: Indian Mid-Tier Millionaires Market Overview (Volume and US$ Million/Billion), 2009-2018 
Table 24: Indian Lower-Tier Millionaires Market Overview (Volume and US$ Million/Billion), 2009-2018 
Table 25: Indian Allocations of HNWI Assets (%), 2009-2018 
Table 26: Indian HNWI Holdings Growth (%), 2009-2018 
Table 27: Indian HNWI Alternative Asset Composition (%), 2009-2018 
Table 28: Indian HNWI Trends of Investments in Alternative Assets (%), 2009-2018 
Table 29: Indian Trends in 'Art, Wine and Wheels', 2009-2013 
Table 30: Global Prime Real Estate Prices per m2 (US$), 2012 
Table 31: Indian HNWI Foreign Investment Allocations (%), 2009-2018 
Table 32: Indian HNWI Liquidity Breakdown (US$ Billion), 2009-2018 
Table 33: Indian HNWI Liquidity Breakdown (%), 2009-2018 
Table 34: Indian UHNWI Allocations and Share of HNWI Assets (%), 2013 
Table 35: Leading Domestic Banks in India by Local AuM (US$ Million), 2013 
Table 35: Leading Foreign Private Banks in India by Local AuM (US$ Million), 2013 
Table 36: Leading Wealth Managers in India by AuM (US$ Million), 2013 
Table 37: Leading Indian Family Offices by AuM (US$ Million), 2013 
Table 38: Indian Wealth Management Industry - Recent Deal Activity, 2013 
Table 39: Indian Income Tax Bands (INR), 2013-2014 
Table 40: INR per US$ Exchange Rate, 2009-2018 
Table 41: Indian Real GDP Growth (%), 2009-2018 
Table 42: Indian GDP per Capita (US$), 2009-2018 
Table 43: Indian Domestic Market Capitalization (US$ Billion), 2009-2013 
Table 44: Indian Commodity Indices, 2009-2018
Table 45: Indian Foreign Direct Investment (US$ Billion), 2009-2018 
Table 46: Indian Inflation Rate (%), 2009-2018 
Table 47: Indian Money Market Rate (%), 2009-2018 
Table 48: Indian Balance of Payments (US$ Billion), 2009-2013 
Table 49: Indian Government Debt as a Percentage of GDP, 2009-2018 
Table 50: Indian Stock Market Performance, 2009-2013 
Table 51: Indian HNWI Wealth vs GDP Ratio, 2009-2018 
Table 52: India - Appendix One 
Table 53: India - Appendix Two