DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/7w88pk/challenges_and) has announced the addition of the "Challenges and Opportunities for the Wealth Sector in Australia 2014" report to their offering.
The Challenges and Opportunities for the Wealth Sector in Australia 2014 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.
With the wealth reports 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.
Key Highlights:
- Australian HNWIs held 22.7% (US$204 billion) of their wealth outside their home country at the end of 2013, which is in line with the worldwide average of 20-30%.
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It is expected foreign asset holdings to increase to US$268 billion by
2018, accounting for 22.3% of total Australian HNWI assets.
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In 2013, North America accounted for 40.7% of Australian HNWIs'
foreign assets.
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This was followed by Europe with 28.7%, the Asia-Pacific with 17.3%,
Latin America with 7.4%, Africa with 3.6% and the Middle East with
2.4%.
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Australian HNWI allocations to the Asia-Pacific decreased when
compared with other regions during the review period, from 25.5% in
2009 to 17.3% in 2013. Latin America was the emerging region in terms
of global investments.
- Australian HNWIs are expected to further increase their levels of investment in Latin America over the forecast period, to reach 8.6% of foreign HNWI assets by 2018, with investments increasingly being diverted to emerging economies.
Key Topics Covered:
1 Introduction
2 Executive Summary
3 Wealth Sector Fundamentals
4 Competitive Landscape of the Wealth Sector
5 Appendix
Companies Mentioned
- ANZ Private Bank
- BOQ Private Bank
- BT Financial Group (Westpac)
- Bankwest Private Bank
- Bendigo Wealth
- Commonwealth Private
- Macquarie Private Bank
- NAB Private Wealth
- St George Bank Private Clients
- Suncorp Bank
For more information visit http://www.researchandmarkets.com/research/7w88pk/challenges_and
