Switzerland Wealth Report 2016

Published: Aug, 2016 | Pages: 93 | 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.

Summary

This report reviews the performance and asset allocations of HNWIs and ultra-HNWIs in Switzerland. It also includes an evaluation of the local wealth management market.

Scope

• Independent market sizing of the Swiss HNWIs for 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 across 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 Switzerland

• The size of Swiss wealth management industry

• Information on private banks

• Detailed wealth management and family office information

• Insights into the drivers of HNWI wealth

Reasons to Buy

• Switzerland 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 a thorough analysis of the private banking and wealth management sector.

Key Highlights

• There were 303,401 HNWIs in Switzerland in 2015 who collectively held US$1.4 trillion in wealth.

• The Swiss HNWI population decreased by 2% in 2015 following a 2.2% increase in 2014.

• The Swiss HNWI population is forecast to grow by 12% to reach 342,706 in 2020, while HNWI wealth is projected to grow by 18.6% to reach US$1.7 trillion.

 Table of Contents 

1 Introduction 
1.1 Details of this Report 
1.2 Definitions 

2 Executive Summary 

3 Switzerland Key Facts 

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

List of Figures

Figure 1: HNWI Wealth Band Definitions 
Figure 2: Map of Switzerland 
Figure 3: Swiss Asset Price Performance (%), 2011–2015 
Figure 4: Swiss HNWI Performance (US$ Billion and HNWI Volume), 2011–2020 
Figure 5: Swiss vs. Global HNWIs (%), 2011–2015 
Figure 6: Swiss HNWIs – Growth Factor Correlation, 2011–2015 
Figure 7: Swiss HNWIs – Wealth Pyramid (Volume Distribution), 2015 
Figure 8: Swiss HNWIs – Wealth Pyramid (Wealth Distribution), 2015 
Figure 9: Swiss HNWIs – Age Distribution (%), 2015 
Figure 10: Swiss HNWIs – Job Titles (%), 2011–2015 
Figure 11: Swiss HNWIs – Distribution by Industry (%), 2015 
Figure 12: Swiss HNWIs – City Performance (%), 2011–2015 
Figure 13: Swiss HNWIs – Volume of HNWIs by City (Thousand), 2011–2015 
Figure 14: Swiss HNWIs – City Forecasts (%), 2016–2020 
Figure 15: Swiss HNWIs – Population by City (Thousand), 2016–2020 
Figure 16: Swiss UHNWIs – Wealth Share vs. Volume Growth (%), 2011–2015 
Figure 17: Swiss UHNWIs – Volume by Wealth Band 2011–2020 
Figure 18: Swiss UHNWIs – Wealth by Wealth Band (US$ Billion), 2011–2020 
Figure 19: Swiss UHNWIs – Age Distribution (Percentage Share), 2015 
Figure 20: Swiss UHNWIs – Distribution by Industry (%), 2015 
Figure 21: Swiss Billionaires – Market Overview (Volume and US$ Billion), 2011–2020 
Figure 22: Swiss Cent millionaires – Market Overview (Volume and US$ Million/Billion), 2011–2020 
Figure 23: Swiss Affluent Millionaires – Market Overview (Volume and US$ Million/Billion), 2011–2020 
Figure 24: Swiss Mid-Tier Millionaires – Market Overview (Volume and US$ Million/Billion), 2011–2020 
Figure 25: Swiss Lower-Tier Millionaires – Market Overview (Volume and US$ Million/Billion), 2011–2020 
Figure 26: Swiss HNWs – Asset Class Composition (%), 2011–2020 
Figure 27: Swiss HNWIs – Trends in Alternative Assets (US$ Billion), 2011–2020 
Figure 28: Swiss Trends in ‘Art, Wine and Wheels’, 2011–2015 
Figure 29: Swiss HNWIs – Foreign Investment Allocation and Growth (%), 2015 
Figure 30: Swiss HNWIs – Global Distribution of Foreign Investments (%), 2011–2020 
Figure 31: Swiss HNWIs – Liquidity Breakdown (%), 2011–2020 
Figure 32: Swiss UHNWIs – Asset Class Composition (%), 2011–2020 
Figure 33: Swiss Exchange Rate – CHF–US$, 2011–2020 
Figure 34: Swiss Real GDP Growth (%), 2011–2020 
Figure 35: Swiss GDP per Capita (US$), 2011–2020 
Figure 36: Swiss Domestic Market Capitalization (US$ Billion), 2011–2015 
Figure 37: Swiss Commodity Indices, 2011–2020 
Figure 38: Swiss Foreign Direct Investment (US$ Billion), 2011–2020 
Figure 39: Swiss Inflation Rate (%), 2011–2020 
Figure 40: Swiss Money Market Rates (%), 2011–2020 
Figure 41: Swiss Balance of Payments (US$ Billion), 2011–2015 
Figure 42: Swiss Government Debt as a Percentage of GDP (%), 2011–2020 
Figure 43: Swiss Stock Market Performance (Index), 2011–2015 
Figure 44: Swiss HNWI Wealth vs. GDP Ratio (%), 2011–2020 
Figure 45: Swiss HNWIs – Volume by Wealth Band, 2011–2020 85
Figure 46: Swiss HNWIs – Wealth by Wealth Band (US$ Billion), 2011–2020 
Figure 47: Swiss HNWIs – Wealth per Capita (US$ Million), 2011–2020