The Wealth Landscape in Singapore: Market Sizing & Opportunities to 2022 - ResearchAndMarkets.com

DUBLIN--()--The "The Wealth Landscape in Singapore: Market Sizing & Opportunities to 2022" report has been added to ResearchAndMarkets.com's offering.

The Wealth Landscape in Singapore: Market Sizing & Opportunities to 2022 analyzes Singapore's wealth and retail savings and investments markets, with a focus on the HNW segment. This includes overall affluent market size (both by number of individuals and the value of their liquid assets) as well as a breakdown of liquid versus illiquid HNW holdings.

The report also provides analysis of the factors driving liquid asset growth, including a breakdown and forecast of total retail savings and investments split by asset classes including deposits, mutual funds, equities, and bonds.

Insights

Singapore is one of the world's pre-eminent offshore investment centers, but its domestic market is a major source of assets under management (AUM) in its own right. Rising levels of affluence coupled with increasing numbers of Singaporean residents classed as HNW have made the domestic market attractive.

Affluent individuals represent over a quarter of the total adult population. The segment held 84.5% of the country's total onshore liquid assets in 2018, with HNW investors alone holding over a third of the country's wealth.

Singaporean HNW individuals hold the majority of their investments in liquid assets such as equities, mutual funds, deposits, and bonds - with investment in liquid assets accounting for 78.5% of their total investments in 2018. However, the proportion invested in illiquid investments has been steadily increasing, with the share of illiquid assets rising from 8.4% in 2008 to 21.5% in 2018.

Key Highlights

  • The country's affluent individuals accounted for 26.7% of the total Singaporean population in 2018. Wealth held by HNW investors will grow strongly over the review period.
  • Deposits remain the preferred investment avenue among Singaporean retail investors, accounting for 68% of total liquid retail savings and investments in 2018.
  • Singaporean HNW individuals invest nearly half of their wealth outside the country, with tax efficiency being the main reason to invest offshore.

Reasons to Buy

  • Make strategic decisions using top-level historic and forecast data on Singapore's wealth industry.
  • Identify the most promising client segment by analyzing penetration of affluent individuals.
  • Receive detailed insight into retail liquid asset holdings in Singapore, including deposits, mutual funds, equities, and bonds.
  • Understand changing market and competitive dynamics by learning about new competitors and recent deals in the wealth space.
  • See an overview of key digital disruptors in the country's wealth market.

Topics Covered

  1. Executive Summary
  2. Macroeconomic Overview
  3. Singapore's Wealth Market
  4. Resident Retail Savings and Investments
  5. Resident vs Non-Resident Investments in Singapore
  6. Digital Disruptors
  7. Recent Deals
  8. Appendix

Companies Mentioned

  • DBS
  • OCBC
  • HSBC
  • UOB
  • Maybank
  • Citibank
  • Standard Chartered
  • CIMB
  • RHB
  • Bambu Life
  • Sherelt
  • Miss Kaya
  • Schroders Plc
  • Thirdrock Pte Ltd
  • Octava Pte Ltd
  • Franklin Templeton Investments
  • Mamoru Taniya
  • Bambu Singapore Pte Ltd
  • Schroders Plc
  • Planar Investments Pte Ltd
  • SGG S.A.
  • Iyer Practice Advisers
  • Rozario family
  • Asia Wealth Platform (StashAway)

For more information about this report visit https://www.researchandmarkets.com/r/x7cspc

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T. Office Hours Call 1-917-300-0470
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For GMT Office Hours Call +353-1-416-8900
Related Topics: Wealth Management

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T. Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Wealth Management