Research and Markets: Ultra HNWIs in South Africa 2014
DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/gs3ghk/ultra_hnwis_in) has announced the addition of the "Ultra HNWIs in South Africa 2014" report to their offering.
This report is the result of extensive research covering the high net worth individual (HNWI) population and wealth management market in South Africa.
The report focuses on HNWI performance between the end of 2008 (the peak before the global financial crisis) and the end of 2013. This enables us to determine how well the country's UHNWIs have performed through the crisis.
This report reviews the performance and asset allocations of Ultra HNWIs in South Africa, and highlights top-performing cities. It also includes an evaluation of the local wealth management industry.
- UHNWI volume, wealth and allocation trends from 2009 to 2013
- UHNWI volume, wealth and allocation forecasts to 2018
- UHNWI asset allocations across 13 asset classes
- Number of UHNWIs in each state and all major cities
- Fastest growing cities and states for UHNWIs (2009-2013)
- 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 South Africa
- Size of South Africa wealth management industry
- Largest domestic private banks by AuM
- Detailed wealth management and family office information
- Insights into the drivers of HNWI wealth
- There were 581 UHNWIs in South Africa in 2013, with an average per capita wealth of US$124.7 million, making them a prime target group for wealth sector professionals. Of this total, there were eight billionaires, 164 centimillionaires and 409 affluent millionaires.
- UHNWIs accounted for 1.2% of the total South African HNWI population in 2013, which was greater than the global average of 0.7%. The number of South African UHNWIs increased by 50.5% during the review period, from 386 in 2009 to 581 in 2013.
- There was a wide range of performance between the different UHNWI wealth bands - while the number of billionaires increased by 100.0%, the number of centimillionaires and affluent millionaires increased by 47.7% and 50.9% respectively.
- The number of UHNWIs is predicted to increase by 16.1%, reaching 700 in 2018. This will include 10 billionaires, 201 centimillionaires and 489 affluent millionaires.
Key Topics Covered:
2 Executive Summary
3 Findings from the WealthInsight HNWI Database
4 Analysis of South African HNWI Investments
5 Competitive Landscape of the Wealth Sector
- African Bank Investments Limited
- FirstRand Bank
- Imperial Bank South Africa
- Investec Bank Limited
- Nedbank Limited
- Rand Merchant Bank
- Sasfin Bank Limited
- Standard Bank Private Clients
For more information visit http://www.researchandmarkets.com/research/gs3ghk/ultra_hnwis_in