Marktanalyse - HNWI Asset Allocation in Switzerland to 2016

Synopsis
This report is the result of WealthInsight’s extensive research covering the HNWI population and wealth management industry in Switzerland. It provides detailed figures on the current and expected HNWI asset allocations of Swiss HNWIs to 2016.

Summary
This report provides the latest asset allocations of Swiss HNWIs. The report also includes projections of the volume, wealth and asset allocation of Swiss HNWIs to 2016 and a comprehensive and robust background of the local economy, including, uniquely, detailed analysis of economic and political risks to HNWI wealth creation.

Scope
The report features:
• Independent market sizing of Swiss HNWIs across five wealth bands
• HNWI volume, wealth and allocation trends from 2007 to 2011
• HNWI volume, wealth and allocation forecasts to 2016
• HNWI and UHNWI asset allocations across 13 asset classes
• 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 HNWIs from around the world. It also includes profiles on major private banks, wealth managers and family offices in each country. 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 2016.

Key Highlights
• As of 2011, there are over 290,000 HNWIs in Switzerland, with a combined wealth of around US$1.3 trillion, accounting for roughly 60% of Switzerland’s total wealth.
• Swiss HNWI equity allocations of 31.5% are significantly higher than the worldwide average of 20% to 25%.

Table of Contents

1 Introduction

1.1 What is this Report About?

2 Executive Summary

3 Wealth Management Fundamentals

3.1 Political Background to Switzerland

3.2 Economic Background to Switzerland

3.3 Benchmarking Swiss Wealth in Context

3.3.1 Distribution of wealth

4 Analysis of Swiss HNWI Investments

4.1 Analysis by Asset Class

4.1.1 Changing trends in liquid assets (equity, fixed income and cash and deposits)

4.1.2 Trends in alternative assets

4.1.3 Trends in collectables

4.1.4 Trends of investments in real estate

4.1.5 Trends of investments in cash and deposits

4.1.6 Trends of investments in fixed income

4.1.7 Trends of investments in equity

4.1.8 Trends of investments in business interest

4.2 Analysis of Foreign Investments

4.2.1 Trend of investments in rest of Europe

4.2.2 Trend of investments in the Asia-Pacific region

4.2.3 Trend of investments in North America

4.2.4 Trend of investments in Latin America, the Middle East and Africa

4.3 Analysis of Swiss Ultra HNWI Investments

5 Appendix

5.1 Additional Components to Swiss Wealth Management

5.1.1 Philanthropy

5.1.2 Intergenerational wealth transfer

5.2 Regulatory Environment in Switzerland

5.2.1 Regulations on taxes

5.2.2 Banking regulations

5.2.3 Investment, employment and immigration

5.3 Key Economic Trends and Drivers

5.3.1 Annual average exchange rate (CHF—US$)

5.3.2 Real GDP growth

5.3.3 GDP per capita

5.3.4 Domestic market capitalization

5.3.5 Housing price indices

5.3.6 Commodity Index

5.3.7 Foreign direct investment

5.3.8 Investments of FIIs in equity products

5.3.9 Inflation rate

5.3.10 Money market rate

5.3.11 Balance of payments

5.3.12 Government debt

5.3.13 Stock market performance

5.3.14 HNWI wealth to GDP ratio

6 About WealthInsight







List of Tables

Table 1: HNWI Wealth Band and Group Definitions

Table 2: Switzerland — Cantons by Population Size, 2010

Table 3: Switzerland — 10 Largest Swiss Cities by Population Size, 2010

Table 4: HNWIs — Holdings by Asset Class Growth (%), 2007—2016

Table 5: HNWIs — Liquid Asset Composition by Asset Class (%), 2007—2016

Table 6: HNWIs — Investment Growth in Alternative Assets (%), 2007—2016

Table 7: HNWIs — Investments in Alternative Assets (% Share), 2007—2016

Table 8: HNWIs — Trends in Collectables, 2007—2011

Table 9: HNWIs — Residential Real Estate Price Per Square Meter by Swiss City (US$), 2011

Table 10: HNWIs — Origin of Prime Real Estate Investors in Switzerland (% Share), 2007—2016

Table 11: HNWIs — Growth of Real Estate in Leading International Cities (%), 2007—2011

Table 12: HNWIs — Foreign Investment Allocation by Asset Class (%), 2007—2016

Table 13: UHNWIs — Allocations and Share of HNWI Assets, 2011

Table 14: Swiss Annual Average Exchange Rate (CHF—US$), 2006—2016

Table 15: Swiss Real GDP Growth Rate, 2006—2016

Table 16: Swiss GDP Per Capita (US$), 2006—2016

Table 17: Swiss Domestic Market Capitalization (US$ Billion), 2006—2011

Table 18: Housing Price Indices, 2006—2011

Table 19: Commodity Indices, 2006—2016

Table 20: Swiss Foreign Direct Investments (US$ Billion), 2006—2016

Table 21: Swiss Investments of FIIs in Equity Products, 2006—2010

Table 22: Swiss Inflation Rate, 2006—2016

Table 23: Swiss Money Market Rate (%), 2006—2016

Table 24: Swiss Balance of Payments (US$ Billion), 2006—2011

Table 25: Swiss Government Debt as a Percentage of GDP (%), 2006—2016

Table 26: Stock Market Performance, 2006—2011

Table 27: Swiss HNWI Wealth to GDP Ratio (%), 2007—2016

Table 28: Appendix 1

Table 29: Appendix 2







List of Figures

Figure 1: HNWI Wealth Band Definitions

Figure 2: Map of Switzerland

Figure 3: Swiss Asset Growth in US Dollar Terms (%), 2007—2011

Figure 4: Swiss HNWI Growth by Wealth and Value, 2007—2016

Figure 5: HNWI Volume and Nominal GDP Growth — Switzerland vs the World

Figure 6: HNWIs — Holdings by Asset Class (% Share), 2007—2016

Figure 7: HNWIs — Changing Trends in Liquid Assets (% of Total Assets), 2007—2016

Figure 8: HNWIs — Liquid Assets Composition by Asset Class (US$ Billion), 2007—2016

Figure 9: HNWIs — Investments in Alternative Assets (US$ Billion), 2007—2016

Figure 10: HNWIs — Trends in Collectables, 2007—2011

Figure 11: HNWIs — Foreign Investment Allocation and Growth by Asset Class (%), 2011—2016

Figure 12: HNWIs — Global Distribution of Foreign Investments (% Share), 2007—2016

Figure 13: UHNWIs — Holdings in Asset Class (% Share), 2007—2016

Figure 14: Swiss Annual Average Exchange Rate (CHF—US$), 2006—2016

Figure 15: Swiss Real GDP Growth (%), 2006—2016

Figure 16: Swiss GDP Per Capita (US$), 2006—2016

Figure 17: Swiss Domestic Market Capitalization (US$ Billion), 2006—2011

Figure 18: Housing Price Indices, 2006—2011

Figure 19: Commodity Indices, 2006—2016

Figure 20: Swiss Foreign Direct Investments (US$ Billion), 2006—2016

Figure 21: Swiss Investments of FIIs in Equity Products, 2006—2010

Figure 22: Swiss Inflation Rate, 2006—2016

Figure 23: Swiss Money Market Rate (%), 2006—2016

Figure 24: Swiss Balance of Payments (US$ Billion), 2006—2011

Figure 25: Swiss Government Debt as a Percentage of GDP (%), 2006—2016

Figure 26: Stock Market Performance, 2006—2011

Figure 27: Swiss HNWI Wealth to GDP Ratio (%), 2007—2016

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