Russia Wealth Report 2016

Published: Nov, 2016 | Pages: 87 | Publisher: WealthInsight
Industry: Wealth Management | Report Format: Electronic (PDF)

Summary

This report reviews the performance and asset allocations of HNWIs and ultra-HNWIs in Russia.

It also includes an evaluation of the local wealth management market.

Synopsis

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

Scope

• Independent market sizing of Russian HNWIs in five wealth bands

• HNWI volume, wealth and allocation trends from 2011 to 2015

• HNWI volume, wealth and allocation forecasts to 2020

• HNWI and UHNWI asset allocations in 13 asset classes

• Geographical breakdown of all foreign assets

• Alternative breakdown of liquid vs. investable assets

• Details of the development, challenges and opportunities related to the wealth management and private banking sector in Russia

• The size of the Russian wealth management industry

• Information on private banks

• Detailed wealth management and family office information

• Insights into the drivers of HNWI wealth

Key Highlights

• There were 144,989 HNWIs in Russia in 2015, who collectively held US$1.1 trillion in wealth.

• The Russian HNWI population decreased by 9.9% in 2015, following a 0.6% increase in 2014.

• The Russian HNWI population is forecast to grow by 12.4%, to reach 163,952 in 2020, while HNWI wealth is projected to grow by 25.4% to reach US$1.4 trillion.

Reasons To Buy

• Russian Wealth Report 2016 is an unparalleled resource, and the leading resource of its kind. Compiled and curated by a team of expert research specialists, the report comprises a wide variety of data created based on over 125,000 HNWIs from around the world in WealthInsight's database.

• With the wealth reports as the foundation for its research and analysis, WealthInsight is 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 it covers.

• The report reviews the performance and asset allocations of HNWIs and ultra-HNWIs. The report also includes projections of the volume, wealth and asset allocations of HNWIs to 2020, and a comprehensive background of the local economy.

• The report provides an overview of the private banking and wealth management sector.

 Table of Contents

1 Introduction 
1.1 Details of this Report 
1.2 Definitions 

2 Executive Summary 

3 Russia Key Facts                                 

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

5 Findings from the WealthInsight HNWI Database 
5.1 Trends in HNWI Wealth to 2020 
5.1.1 HNWI trend analysis 
5.1.2 Wealth band trends 
5.1.3 Demographic breakdown of HNWIs
5.1.4 HNWIs – job titles
5.1.5 HNWIs – industry breakdown
5.1.6 HNWIs – industry performance
5.1.7 HNWIs – breakdown by city 
5.1.8 HNWIs – city performance 
5.1.9 HNWIs – city population densities 
5.1.10 HNWIs – city forecasts 
5.2 UHNWIs 
5.2.1 UHNWI volume trend analysis 
5.2.2 UHNWI wealth trend analysis 
5.2.3 Demographic breakdown of UHNWIs 
5.2.4 UHNWIs – industry breakdown 
5.2.5 UHNWIs – city breakdown and performance 
5.3 UHNWIs – Billionaires 
5.3.1 Billionaire volume trend analysis 
5.3.2 Billionaire wealth trend analysis 
5.3.3 Billionaire per capita net worth trend analysis 
5.3.4 List of billionaires 
5.4 UHNWIs – Centimillionaires 
5.4.1 Centimillionaire volume trend analysis 
5.4.2 Centimillionaire wealth trend analysis 
5.4.3 Centimillionaire per capita net worth trend analysis 
5.5 UHNWIs – Affluent Millionaires 
5.5.1 Affluent millionaire volume trend analysis 
5.5.2 Affluent millionaire wealth trend analysis 
5.5.3 Affluent millionaire per capita net worth trend analysis 
5.6 Core HNWIs 
5.6.1 Core HNWI volume trend analysis 
5.7 Core HNWIs – Mid-Tier Millionaires 
5.7.1 Mid-tier millionaire volume trend analysis 
5.7.2 Mid-tier millionaire wealth trend analysis 
5.7.3 Mid-tier millionaire per capita net worth trend analysis 
5.8 Core HNWIs – Lower-Tier Millionaires 
5.8.1 Lower-tier millionaire volume trend analysis 
5.8.2 Lower-tier millionaire wealth trend analysis 
5.8.3 Lower-tier millionaire per capita net worth trend analysis 

6 Analysis of Russia HNWI Investments 
6.1 Analysis by Asset Class 
6.1.1 Trends in alternative assets 
6.1.2 Trends in ‘art, wine and wheels’ 
6.1.3 Trends of investment in real estate 
6.1.4 Trends of investment in cash and deposits 
6.1.5 Trends of investment in fixed-income 
6.1.6 Trends of investment in equities 
6.1.7 Trends of investments in business interests 
6.2 Analysis of Foreign Investments 
6.2.1 Investments in Europe 
6.2.2 Investments in North America (including the US, Mexico and the Caribbean) 
6.2.3 Investments in Asia-Pacific 
6.2.4 Investments in South America 
6.2.5 Investments in the Middle East 
6.2.6 Investments in Africa 
6.3 Alternative Breakdown: Liquid vs. Investable Assets 
6.4 Analysis of Russian UHNWI Investments 

7 Competitive Landscape 
7.1 Domestic Private Banks 
7.2 Foreign Private Banks 
7.3 Wealth Managers 
7.4 Family Offices 

8 Key Drivers 
8.1 RUB–US$ Exchange Rate 
8.2 Real GDP Growth 
8.3 Per Capita GDP 
8.4 Domestic Market Capitalization 
8.5 Commodity Index 
8.6 Foreign Direct Investment (FDI) – Inflows and Outflows 
8.7 Inflation Rate 
8.8 Interest Rates 
8.9 Balance of Payments 
8.10 Government Debt 
8.11 Stock Market Performance 
8.12 Wealth Breakdowns 

9 About WealthInsight

List of Tables

Table 1: HNWI Wealth Band and Group Definitions 
Table 2: Russian HNWIs – Volume Distribution (%), 2015 
Table 3: Russian HNWIs – Wealth Distribution Wealth Pyramid (%), 2015 
Table 4: Russian HNWIs – Industry Performance (%), 2011–2015 
Table 5: Russian HNWIs – Cities, 2015 
Table 6: Russian HNWIs – Growth in Top Cities (Thousand), 2011–2015 
Table 7: Russian HNWIs – Population Density in Major Cities 2015 
Table 8: Russian HNWIs – Populations in Top Cities (Thousand), 2011–2020 
Table 9: Russian HNWIs – Growth Rates for Top Cities (%), 2011–2020 
Table 10: Russian HNWIs – Sources of Wealth (%), 2015 
Table 11: Russian UHNWIs – Gender Performance (%), 2011–2015 
Table 12: Russian UHNWIs – Populations in Top Cities, 2011–2020 
Table 13: Russian UHNWIs – Growth Rates for Top Cities (%), 2011–2020 
Table 14: Russian Billionaires – Market Overview (Volume and US$ Billions), 2011–2020 
Table 15: Russian Top Billionaires (US$ Billion), 2015 
Table 16: Russian Billionaires – Wealth Growth (US$ Billion), 2011−2015 
Table 17: Russian Centimillionaires – Market Overview (Volume and US$ Million/Billion), 2011–2020 
Table 18: Russian Affluent Millionaires – Market Overview (Volume and US$ Million/Billion), 2011–2020 
Table 19: Russian Mid-Tier Millionaires – Market Overview (Volume and US$ Million/Billion), 2011–2020 
Table 20: Russian Lower-Tier Millionaires – Market Overview (Volume and US$ Million/Billion), 2011–2020 
Table 21: Russian HNWIs – Assets Allocations (%), 2011–2020 
Table 22: Russian HNWIs – Holdings Growth (%), 2011–2020 
Table 23: Russian HNWIs – Alternative Asset Composition (%), 2011–2020 
Table 24: Russian HNWIs – Trends of Investments in Alternative Assets (%), 2011–2020 
Table 25: Russian Trends in Art, Wine and Wheels, 2011–2015 
Table 26: Global Prime Real estate Prices per m2 (US$), 2015 
Table 27: Russian HNWIs – Foreign Investment Allocations (%), 2011–2020 
Table 28: Russian HNWIs – Liquidity Breakdown (US$ Billion), 2011–2020 
Table 29: Russian HNWIs – Liquidity Breakdown (%), 2011–2020 
Table 30: Russian HNWIs – Allocations and Share of HNWI Assets (%), 2015 
Table 31: Russian Exchange Rate – RUB–US$ Exchange Rate, 2011–2020 
Table 32: Russian Real GDP Growth (%), 2011–2020 
Table 33: Russian GDP per Capita (US$), 2011–2020 
Table 34: Russian Domestic Market Capitalization (US$ Billion), 2011–2015 
Table 35: Russian Commodity Indices, 2011–2020 
Table 36: Russian Foreign Direct Investment (US$ Billion), 2011–2020 
Table 37: Russian Inflation Rate (%), 2011–2020 
Table 38: Russian Money Market Rates (%), 2011–2020 
Table 39: Russian Balance of Payments (US$ Billion), 2011–2015 
Table 40: Russian Government Debt as a Percentage of GDP (%), 2011–2020 
Table 41: Russian Stock Market Performance (Index), 2011–2015 
Table 42: Russian HNWI Wealth vs. GDP Ratio (%), 2011–2020 
Table 43: Russia – Appendix One 
Table 44: Russia – Appendix Two

List of Figures

Figure 1: HNWI Wealth Band Definitions 
Figure 2: Map of Russia 
Figure 3: Russian Asset Price Performance (%), 2011–2015 
Figure 4: Russian HNWI Performance (US$ Billion and HNWI Volume), 2011–2020 
Figure 5: Russian vs. Global HNWIs (%), 2011–2015 
Figure 6: Russian HNWIs – Growth Factor Correlation, 2011–2015 
Figure 7: Russian HNWIs – Wealth Pyramid (Volume Distribution), 2015 
Figure 8: Russian HNWIs – Wealth Pyramid (Wealth Distribution), 2015 
Figure 9: Russian HNWIs – Age Distribution (%), 2015 
Figure 10: Russian HNWIs – Job Titles (%), 2011–2015 
Figure 11: Russian HNWIs – Distribution by Industry (%), 2015 
Figure 12: Russian HNWIs – City Performance (%), 2011–2015 
Figure 13: Russian HNWIs – Volume of HNWIs by City (Thousand), 2011–2015 
Figure 14: Russian HNWIs – City Forecasts (%), 2016–2020 
Figure 15: Russian HNWIs – Population by City (Thousand), 2016–2020 
Figure 16: Russian UHNWIs – Wealth Share vs. Volume Growth (%), 2011–2015 
Figure 17: Russian UHNWIs – Volume by Wealth Band 2011–2020 
Figure 18: Russian UHNWIs – Wealth by Wealth Band (US$ Billion), 2011–2020 
Figure 19: Russian UHNWIs – Age Distribution (Percentage Share), 2015 
Figure 20: Russian UHNWIs – Distribution by Industry (%), 2015 
Figure 21: Russian Billionaires – Market Overview (Volume and US$ Billion), 2011–2020 
Figure 22: Russian Centimillionaires – Market Overview (Volume and US$ Million/Billion), 2011–2020 
Figure 23: Russian Affluent Millionaires – Market Overview (Volume and US$ Million/Billion), 2011–2020 
Figure 24: Russian Mid-Tier Millionaires – Market Overview (Volume and US$ Million/Billion), 2011–2020 
Figure 25: Russian Lower-Tier Millionaires – Market Overview (Volume and US$ Million/Billion), 2011–2020 
Figure 26: Russian HNWs – Asset Class Composition (%), 2011–2020 
Figure 27: Russian HNWIs – Trends in Alternative Assets (US$ Billion), 2011–2020 
Figure 28: Russian Trends in Art, Wine and Wheels, 2011–2015 
Figure 29: Russian HNWIs – Foreign Investment Allocation and Growth (%), 2015 
Figure 30: Russian HNWIs – Global Distribution of Foreign Investments (%), 2011–2020 
Figure 31: Russian HNWIs – Liquidity Breakdown (%), 2011–2020 
Figure 32: Russian UHNWIs – Asset Class Composition (%), 2011–2020 
Figure 33: Russian Exchange Rate – RUB–US$, 2011–2020 
Figure 34: Russian Real GDP Growth (%), 2011–2020 
Figure 35: Russian GDP per Capita (US$), 2011–2020 
Figure 36: Russian Domestic Market Capitalization (US$ Billion), 2011–2015 
Figure 37: Russian Commodity Indices, 2011–2020 
Figure 38: Russian Foreign Direct Investment (US$ Billion), 2011–2020 
Figure 39: Russian Inflation Rate (%), 2011–2020 
Figure 40: Russian Money Market Rates (%), 2011–2020 
Figure 41: Russian Balance of Payments (US$ Billion), 2011–2015 
Figure 42: Russian Government Debt as a Percentage of GDP (%), 2011–2020 
Figure 43: Russian Stock Market Performance (Index), 2011–2015 
Figure 44: Russian HNWI Wealth vs. GDP Ratio (%), 2011–2020 
Figure 45: Russian HNWIs – Volume by Wealth Band, 2011–2020 
Figure 46: Russian HNWIs – Wealth by Wealth Band (US$ Billion), 2011–2020 
Figure 47: Russian HNWIs – Wealth per Capita (US$ Million), 2011–2020