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High Net Worth Trends in Singapore to 2015

Publisher Name » WealthInsight
Published Date » 2012-01-20
No. Of Pages » 45
Synopsis

This report is the result of WealthInsights extensive research covering the HNWI population and Wealth Management industry in Singapore. It provides market size and forecasts of the HNWI population. By leveraging the WealthInsight HNWI Database, it provides key demographic breakdowns.

Summary

This report provides projections of the volume and wealth of Singapores HNWI and a comprehensive background of the Singapore economy. This includes demographic trends (2007-2011) and findings of the proprietary WealthInsight HNWI Database.

Scope

The report features:

  • Independent market sizing of Singapores HNWI
  • Most up to date and thorough analysis of the demographic breakdown of Singapores HNWI
  • Volume and wealth trends from 2007 to 2011
  • Volume and wealth forecasts to 2015
  • Current insights into the drivers of HNWI wealth
Reasons To Buy

 The WealthInsight Intelligence Center Database is an unparalleled resource and the leading resource of its kind. Compiled and curated by a team of expert research specialists, the Database comprises up to one hundred data-points on over 100,000 HNWI, private banks, wealth managers and family offices around the world. With the Database 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.
Comprehensive forecasts to 2015.

Key Highlights

  • Singapore has the highest population density of HNWIs in the world; approximately one in 30 Singaporean residents is a HNWI. 
  • There are just over 150,700 HNWIs in Singapore, with an average wealth of US$4.8 million per person and a combined wealth of US$730 billion. 
  • The wealth of Singapores HNWIs increased by 24% (5.5% per annum) over the review period (2007-2011), boosted by particularly strong growth in 2009 and 2010 of 33% and 24% respectively. This was aided by strong growth in the local stock market in 2009 the Singapore Exchange went up by 76% and a rebound in the local property market during 2010.
  • Over the forecast period, total HNWI wealth is forecast to grow by 47% (10.1% per annum), reaching US$1.1 trillion in 2015.
Table Of Contents

1 Introduction
1.1 What is this Report About?

2 Wealth Sector Fundamentals
2.1 Political Background of the Wealth Sector
2.2 Economic Background to the Wealth Sector
2.3 Benchmarking Singaporean Wealth in Context
2.3.1 Distribution of wealth

3 Findings from the WealthInsight HNWI Database
3.1 Trends in HNWI Wealth to 2015
3.1.1 HNWI trend analysis
3.1.2 HNWI volume trend analysis
3.1.3 HNWI wealth trend analysis
3.1.4 Per capita HNWI net worth trend analysis
3.1.5 Trends of the wealth bands
3.1.6 Demographic breakdown of Singapores HNWIs

4 Appendix
4.1 Pertinent Regulations
4.1.1 Regulations on banks
4.1.2 Regulations related to Islamic banking
4.1.3 Regulations related to capital requirements on banks
4.1.4 Regulations related to taxes
4.1.5 Regulations related to taxes on capital gains
4.1.6 Regulations related to taxes on start-ups
4.1.7 Regulations related to taxes on fund management activities
4.1.8 Regulations related to fund management
4.1.9 Regulations related to real estate
4.1.10 Regulations related to the real estate business of a bank
4.1.11 Regulations related to foreign investment
4.1.12 Regulations related to capital investment
4.1.13 Regulations related to private equity (PE) and venture capital investment (VC)
4.1.14 Regulations related to hedge funds and fund management
4.1.15 Regulations related to hedge fund subscription requirement
4.1.16 Regulations related to investment and employment in Singapore
4.2 Key Economic Trends and Drivers
4.2.1 SG$ to US$ moving annual average exchange rate
4.2.2 Real GDP growth
4.2.3 Per capita GDP
4.2.4 Gross savings rate as a percentage of GDP
4.2.5 Housing price index
4.2.6 Commodity index
4.2.7 Foreign direct investment
4.2.8 Investments of FIIs in equity products
4.2.9 Inflation rate
4.2.10 Repo rate
4.2.11 Balance of payments
4.2.12 Stock market performance
4.2.13 HNWI wealth vs GDP ratio
4.2.14 Capital formation as a percentage of GDP
4.2.15 Disposable income as a percentage of GDP
5 About WealthInsight


List of Tables

Table 1: HNWI Wealth Band and Group Definitions
Table 2: HNWIs Volume by Wealth Band, 20072015
Table 3: HNWIs Wealth by Wealth Band, 20072015
Table 4: HNWIs Per Capita Net Worth (US$ Million), 20072015
Table 5: HNWIs Volume Distribution Wealth Pyramid, 2011
Table 6: HNWIs Wealth Distribution Wealth Pyramid, 2011
Table 7: SG$ to US$ Moving Annual Average Exchange Rate, 20062015
Table 8: Real GDP Growth Rate, 20062015
Table 9: GDP Per Capita, 20062015
Table 10: Gross Savings as a Percentage of Real GDP, 20062015
Table 11: Housing Price Index, 20062010
Table 12: Commodity Indices, 20062015
Table 13: Foreign Direct Investments, 20062015
Table 14: Investments of FIIs in Equity Products, 20062009
Table 15: Inflation Rate, 20062015
Table 16: Repo Rate, 20062015
Table 17: Balance of Payments, 20062010
Table 18: Stock Market Performance, 20062010
Table 19: HNWI Wealth vs GDP Ratio, 20062010
Table 20: Capital Formation as a Percentage of GDP, 20062015
Table 21: Disposable Income as a Percentage of GDP, 20062015


List of Figures

Figure 1: HNWI Wealth Band Definitions
Figure 2: HNWI Wealth Sector Market Attractiveness, 20072015
Figure 3: HNWIs Singapore vs RoW and Asia-Pacific
Figure 4: HNWIs Growth Factor Correlation, 20072011
Figure 5: HNWIs Volume by Wealth Band, 20072015
Figure 6: HNWIs Wealth by Wealth Band, 20072015
Figure 7: HNWIs Per Capita Net Worth (US$ Million), 20072015
Figure 8: HNWIs Volume Distribution Wealth Pyramid, 2011
Figure 9: HNWIs Wealth Distribution Pyramid, 2011
Figure 10: HNWIs Average Age by Wealth Band, 2011
Figure 11: SG$ to US$ Moving Annual Average Exchange Rate, 20062015
Figure 12: Real GDP Growth (%), 20062015
Figure 13: GDP Per Capita, 20062015
Figure 14: Gross Savings as a Percentage of Real GDP, 20062015
Figure 15: Housing Price Index, 20062010
Figure 16: Commodity Indices, 20062015
Figure 17: Foreign Direct Investments, 20062015
Figure 18: Investments of FIIs in Equity Products, 20062009
Figure 19: Inflation Rate, 20062015
Figure 20: Repo Rate, 20062015
Figure 21: Balance of Payments, 20062010
Figure 22: Stock Market Performance, 20062010
Figure 23: HNWI Wealth vs GDP Ratio, 20062010
Figure 24: Capital Formation as a Percentage of GDP, 20062015
Figure 25: Disposable Income as a Percentage of GDP, 20062015

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