London (PRWEB) November 27, 2014
This report is the result of WealthInsights extensive research covering the high net worth individual (HNWI) population and wealth management market in Singapore.
The report focuses on HNWI performance between the end of 2007 (the peak before the global financial crisis) and the end of 2014. 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 Singapore, and highlights top-performing cities. It also includes an evaluation of the local wealth management industry.
UHNWI volume, wealth and allocation trends from 2008 to 2014
UHNWI volume, wealth and allocation forecasts to 2017
UHNWI asset allocations across 13 asset classes
Number of UHNWIs in each state and all major cities
Fastest growing cities and states for UHNWIs (2008-2012)
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 Singapore
Size of Singaporean wealth management industry
Largest domestic private banks by AuM
Detailed wealth management and family office information
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 dossiers on over 60,000 HNWIs from around the world.
The Intelligence Center also includes tracking of wealth and liquidity events as they happen and detailed profiles of major private banks, wealth managers and family offices in each market.
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.
Report includes comprehensive forecasts to 2017.
Also provides detailed information on UHNWIs in each major city.
There were 3,867 UHNWIs in Singapore in 2014, with an average wealth of US$ 86 million per person, making them a prime target group for wealth sector professionals. Of this total, there were 14 billionaires, 947 centimillionaires and 2,906 affluent millionaires in 2014.
UHNWIs account for 2.1% of the total HNWI population of Singapore, which is above the global average of 0.7%. During the review period, the number of UHNWIs in Singapore more than doubled, from 1,891 individuals in 2008 to 3,867 in 2014. This was slightly higher than the increase of 99.8% recorded by core HNWIs.
There was a wide range of performance between the different UHNWI wealth bands during the review period: The number of billionaires increased significantly by 67%, while the number of centimillionaires and affluent millionaires also increased by 118% and 101% respectively.
WealthInsight expects the number of UHNWIs to increase by 59% to reach 6,144 individuals in 2017. This will comprise 17 billionaires, 1,508 centimillionaires and 4,618 affluent millionaires.
Table of Contents
1.1 Details of this Report
2 EXECUTIVE SUMMARY
3 WEALTH SECTOR FUNDAMENTALS
3.1 Political Background
3.2 Economic Background
3.3 Social Background
3.4 Benchmarking Singapore Wealth in Context
3.4.1 World statistics
3.4.2 Distribution of wealth in Singapore
3.5 HNWI Volume and Wealth Trends
4 Findings from the WealthInsight HNWI Database
4.1 Trends in HNWI Wealth to 2017
4.1.1 HNWI trend analysis
4.1.2 Trends of the wealth bands
4.1.3 Demographic breakdown of HNWI
4.1.4 HNWIs job titles
4.1.5 HNWIs industry breakdown
4.1.6 HNWIs industry performance
4.2.1 UHNWI volume trend analysis
4.2.2 UHNWI wealth trend analysis
4.2.3 Demographic breakdown of UHNWIs
4.2.4 UHNWIs sector breakdown
4.3 UHNWIs Billionaires
4.3.1 Billionaire volume trend analysis
4.3.2 Billionaire wealth trend analysis
4.3.3 Billionaire per capita net worth trend analysis
4.3.4 List of billionaires
4.4 UHNWIs Centimillionaires
4.4.1 Centimillionaire volume trend analysis
4.4.2 Centimillionaires wealth trend analysis
4.4.3 Centimillionaires per capita net worth trend analysis
4.5 UHNWIs Affluent Millionaires
4.5.1 Affluent millionaire volume trend analysis
4.5.2 Affluent millionaire wealth trend analysis
4.5.3 Affluent millionaire per capita net worth trend analysis
4.6 Core HNWIs
4.6.1 Core HNWI volume trend analysis
4.7 Core HNWIs Mid-Tier Millionaires
4.7.1 Mid-tier millionaire volume trend analysis
4.7.2 Mid-tier millionaire wealth trend analysis
4.7.3 Mid-tier millionaire per capita net worth trend analysis
4.8 Core HNWIs Lower-Tier Millionaires
4.8.1 Lower-tier millionaire volume trend analysis
4.8.2 Lower-tier millionaire wealth trend analysis
4.8.3 Lower-tier millionaire per capita net worth trend analysis
5 Analysis of Singaporean HNWI Investments
5.1 Analysis by Asset Classes
5.1.1 Trends in alternative assets
5.1.2 Trends in art, wine and wheels
5.1.3 Trends of investments in real estate
5.1.4 Trends of investments in cash and deposits
5.1.5 Trends of investments in fixed-income
5.1.6 Trends of investments in equities
5.1.7 Trends of investments in business interests
5.2 Analysis of Foreign Investments
5.2.1 Investments in Europe
5.2.2 Investments in North America (Including the US, Mexico and the Caribbean)
5.2.3 Investments in Asia-Pacific
5.2.4 Investments in South America
5.2.5 Investments in the Middle East
5.2.6 Investments in Africa
5.3 Alternative Breakdown: Liquid vs Investable Assets
5.4 Analysis of Singaporean UHNWI Investments
6 Competitive Landscape of the Wealth Sector
6.1 Competitive Landscape
6.1.1 Private banks
6.1.2 Wealth managers
6.1.3 Family Offices
6.1.4 Single-family offices
6.1.5 Financial advisors
6.2 Developments in Singapores Private Banking Industry
6.3 Wealth Management Industry Clientele Model and Maturity
6.4 Behavioral Mapping of Wealth Management and Private Banking in Singapore
6.5 Porters Five Force Analysis The Singaporean Wealth Management Industry
6.6 Financial Services Review
6.6.1 Retail banks
6.6.2 Hedge funds
7.1 Regulations on Taxes
7.2 Economic Indicators
7.2.1 LC to US$ exchange rate
7.2.2 Real GDP growth
7.2.3 Per capita GDP
7.2.4 Domestic market capitalization
7.2.5 Commodity index
7.2.6 Foreign direct investment
7.2.7 Inflation rate
7.2.8 Interest rate
7.2.9 Balance of payments
7.2.10 Government debt
7.2.11 Stock market performance
7.2.12 Wealth Breakdowns
8 ABOUT WEALTHINSIGHT
List of Tables
Table 1: HNWI Wealth Band and Group Definitions
I see on the news just about everyday about illegal immigrants being in the country. And now, they have some legislation going on. Does Mexico even allow emmigrants from their country?
Correction, most mexicans.
Answer by shanna_pye
YO QUIERO TACO BELL?
Answer by babygurl69
well i am hispanic my self and i was born here but i think most people dont bother kuz they think they dont have that good of a chance of getting accepted into the US
Answer by Made_in_America
Watch, you’ll be called a racist for asking your question. It’s vogue to use the race card.
Lake Forest, CA (PRWEB) November 27, 2014
PCM of California, Inc., (PCM), an Associa company and the leading provider of professional community management services throughout southern California, announced today that the companys employees have raised more than $ 12,000 to address the critical needs facing too many Orange County individuals and families.
The weeklong employee-driven fundraising campaign featured a series of western and cowboy-themed events conceived as a fun way to encourage participation from each and every PCM employee, from the front desk greeter to the CEO and local vendors. While the atmosphere was festive, the mission of the effort was at the forefront of everyones mind.
“We at PCM are blessed with caring and giving employees,” said PCM CEO Donny Disbro. “In our business, we quite often encounter community residents struggling to make ends meet, forced to choose between putting food on the dinner table and purchasing school supplies for their children.
Disbro concluded: Im proud of this teams ability to work together and make a positive impact in the lives of others, especially as we approach the holiday season.
Since 1998, PCM has raised nearly half a million dollars for Orange County United Way and Associa Cares a separate 501(c)3 organization comprised of volunteer Associa company staff members who serve on national and local committees during its annual employee fundraising campaigns.
Were grateful to once again partner with PCM and Associa as we launch our efforts to help the next generation of Orange Countys children succeed, said Max Gardner, CEO of Orange County United Way, which recently announced a new 10-year initiative focused on changing community conditions for the better by developing the building blocks for a good quality of life. Like those in many of United Ways partner companies, PCM employees understand the challenges facing too many of our fellow Orange County residents, particularly children.
Orange County United Ways new FACE campaign seeks to enhance the foundational building blocks of every community: Education, Income, Health and Housing. Through the actions of FACE (Funding, Advocating, Collaborating and Educating), United Way leaders are confident that the next generation of Orange County residents will thrive and be adequately equipped with the tools necessary to live a healthy, high-quality life.
In addition to PCMs United Way campaign, the company participates in many of Associas national efforts that assist families and communities in crisis as a result of natural and man-made disasters, and helping them get on their feet as quickly as possible.
PCM employees truly embraced the spirit of this years United Way and Associa Cares campaigns and share these organizations commitment to making a difference in the lives of others.
Each year we all face friends, family members and co-workers suffering through job losses, the death of a spouse or financial difficulties, explained PCM United Way-Associa Cares Chairperson Michelle Thomson, who spearheaded the fundraising campaign. The committees goal has always been to make it fun for the staff while communicating the message that even one dollar can help out.
Our goal has never been to put pressure on the employees but make them aware that there are people out there a lot less fortunate than we are; at least we have a job, Thomson continued. I personally appreciate the opportunity to work for a company that values philanthropy and facilitates the opportunity for employees to give back to their community and those in need throughout the country.
About PCM of California, Inc.
PCM of California, Inc., an Associa company, specializes in the management of Common Interest Developments of homeowner associations for family oriented master-planned developments, resort-style master-planned communities, active-adult master-planned communities, condominium associations and boutique communities throughout Southern California and Southern Nevada.
With headquarters in Lake Forest, Calif., PCM and its companies employ a staff of more than 1,500 people. PCM has offices serving all of Southern California and Southern Nevada and is recognized by the Multi Housing Council as one of the countys largest managers of common interest developments. Management services by PCM are backed by state-of-the art Internet technology and comprehensive financial and management systems. For additional information, please contact PCM at 800.369.7260 or at http://www.pcminternet.com.
Building successful communities for more than 30 years, Associa is North Americas largest community association management firm and serves its clients with local knowledge, national resources and comprehensive expertise. Based in Dallas, Associa and its 8,000 employees operate more than 150 branch offices in the United States, Mexico and Canada. To learn more about Associa and its charitable organization, Associa Cares, go to http://www.associaonline.com and http://www.associacares.com. Find us on Facebook (http://www.facebook.com/associa), follow us on Twitter (http://twitter.com/associa) and LinkedIn (http://www.linkedin.com/company/33264).
About Associa Cares
Associa Cares is a non-profit 501(c)3 organization created to assist families and communities in crisis as a result of natural and man-made disasters. Associa Cares is comprised of volunteer staff members who serve on national and local committees. Associa Cares operates off of the tax deductible donations of Associa employees and concerned citizens who live in communities all across America. Designed to help both Associa and non-Associa managed communities, Associa Cares volunteers aid in the raising of financial resources and administer those resources to people in need as a result of natural and man-made disasters. For more information, visit http://www.associacares.com.
About Orange County United Way
Orange County United Way is a nonprofit organization that is bringing the community together to FACE 2024 and help the next generation of Orange County children succeed by focusing on Education, Income, Health, and Housingthe Building Blocks for a good quality of life. By helping our youth navigate the obstacles of todayby helping them obtain a high-quality and relevant education, enhancing the financial stability of our local families, teaching them how to be healthy, and ensuring they have access to stable housingin 10 years, we can all look forward to a stronger, healthier more vibrant Orange County. To learn more, or to join our movement, visit http://www.unitedwayoc.org.