Synopsis
This report is a thorough analysis of Switzerland's Wealth Management and Private Banking sector, and the opportunities and challenges that it faces.
Scope
• Independent market sizing of Switzerland HNWIs across five wealth bands
• HNWI volume and wealth trends from 2010 to 2014
• HNWI volume and wealth forecasts to 2019
• HNWI and UHNWI asset allocations across 13 asset classes
• Number of UHNWIs in each state and all major cities
• Fastest growing cities and states for UHNWIs (2010-2014)
• Insights into the drivers of HNWI wealth
Summary
• This report is the result of WealthInsights extensive research covering the high net worth individual (HNWI) population and wealth management market in Switzerland.
• The report focuses on HNWI performance between the end of 2010 and the end of 2014. This enables us to determine how well the country's HNWIs have performed through the crisis.
Reasons To Buy
• The Challenges and Opportunities for the Wealth Sector in Switzerland 2015 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.
• With the wealth reports 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 2019.
Key highlights
• At the end of 2014, Swiss HNWIs held 54.0% (US$754.5 billion) of their wealth outside their home country, significantly higher than the worldwide average of 20–30%.
• WealthInsight expects foreign asset holdings will increase to US$1.2 trillion by 2019, accounting for 56.9% of total HNWI assets.
• In 2014, North America accounted for 32.2% of the foreign assets of Swiss HNWIs.
• It was followed by the Asia-Pacific with 30.3%, Europe with 18.0%, Central and Southern America with 8.9%, the Middle East with 8.1% and Africa with 2.5%.
• Swiss HNWI allocations to Europe decreased sharply compared with other regions during the review period, from 33.3% in 2010 to 18.0% in 2014. North America and Asia-Pacific were the emerging regions in terms of global investments.
• Over the forecast period, WealthInsight expects HNWIs to decrease their levels of investment in Europe to 10.2% of foreign HNWI assets by 2019.
Table Of Contents
1 Introduction
1.1 Details of this Report
1.2 Definitions
2 Executive Summary
3 Wealth Sector Fundamentals
3.1 Political Background
3.2 Economic Background
3.3 Benchmarking Switzerlands Wealth in Context
3.3.1 Distribution of wealth in Switzerland
3.4 HNWI Volume and Wealth Trends
4 Competitive Landscape of the Wealth Sector
4.1 Competitive Landscape
4.1.1 Private banks
4.1.2 Wealth managers
4.1.3 Family offices
4.1.4 Financial advisors
4.4 Swiss Wealth Management Industry - Clientele Model and Maturity
4.5 Behavioral Mapping of Wealth Management and Private Banking in Switzerland
5 Appendix
5.1 Additional Components of the Wealth Sector in Switzerland
5.1.1 Philanthropy
5.1.2 Demand for intergenerational wealth transfer
5.1.3 Human resource availability for the wealth management industry
5.2 Tax Regulations
5.3 Regulations Related to Immigration, Investment and Employment
5.4 Key Drivers
5.4.1 CHF to US$ exchange rate
5.4.2 Real GDP growth
5.4.3 Per capita GDP
5.4.4 Domestic market capitalization
5.4.5 Commodity index
5.4.6 Foreign direct investments - inflow and outflow
5.4.7 Inflation rate
5.4.8 Interest rate
5.4.9 Balance of payments
5.4.10 Government debt
5.4.11 Stock market performance
5.5 Wealth Breakdowns
6 About WealthInsight
List Of Tables
Table 1: HNWI Wealth Band and Group Definitions
Table 2: Regions in Switzerland, (Thousand), 2014
Table 3: Leading Domestic Private Banks in Switzerland by AuM (US$), 2014
Table 4: Leading Foreign Private Banks in Switzerland by AuM (US$), 2014
Table 5: Swiss Wealth Managers, 2014
Table 6: Swiss Family Offices, 2014
Table 7: Swiss Income Tax Bands (CHF), 2014-2014
Table 8: CHF per US$ Exchange Rate (%), 2010-2019
Table 9: Swiss Real GDP Growth (%), 2010-2019
Table 10: Swiss GDP Per Capita (US$), 2010-2019
Table 11: Swiss Domestic Market Capitalization (US$ Billion) 2010-2014
Table 12: Swiss Commodity Indices, 2010-2019
Table 13: Swiss Foreign Direct Investments (US$ Billion), 2010-2019
Table 14: Swiss Inflation Rate (%), 2010-2019
Table 15: Swiss Money Market Rate (%), 2010-2019
Table 16: Swiss Balance of Payments (US$ Billion) 2010-2014
Table 17: Swiss Government Debt as a Percentage of GDP (%), 2010-2019
Table 18: Swiss Stock Market Performance, 2010-2014
Table 19: Swiss HNWI Wealth vs GDP Ratio (%), 2010-2019
Table 20: Switzerland- Appendix One
Table 21: Switzerland - Appendix Two
List Of Figures
Figure 1: HNWI Wealth Band Definitions
Figure 2: Map of Switzerland
Figure 3: Switzerlands Asset Price Performance, (US$), 2010-2014
Figure 4: Swiss HNWI Performance, (US$), 2010-2019
Figure 5: Swiss vs. Global HNWIs, (US$), 2010?2014
Figure 6: Swiss Wealth Management Industry - Maturity Level of Operators
Figure 7: Swiss Wealth Management Industry - Behavioral Mapping, 2014
Figure 8: CHF to US$ Exchange Rate (%), 2010-2019
Figure 9: Swiss Real GDP Growth (%), 2010-2019
Figure 10: Swiss GDP Per Capita (US$), 2010-2019
Figure 11: Swiss Domestic Market Capitalization (US$ Billion), 2010-2014
Figure 12:Swiss Commodity Indices, 2010-2019
Figure 13: Swiss Foreign Direct Investments (US$ Billion), 2010-2019
Figure 14: Swiss Inflation Rate (%), 2010-2019
Figure 15: Swiss Money Market Rate (%), 2010-2019
Figure 16: Swiss Balance of Payments (US$ Billion) 2010-2014
Figure 17: Swiss Government Debt as a Percentage of GDP (%), 2010-2019
Figure 18: Swiss Stock Market Performance, 2010-2014
Figure 19: Swiss HNWI Wealth vs GDP Ratio (%), 2010-2019
Figure 20: Swiss HNWIs - Volume by Wealth Band, 2010-2019
Figure 21: Swiss HNWIs - Wealth by Wealth Band (in US$ Billions), 2010-2019
Figure 22: Swiss HNWIs - Wealth Per Capita (in US$ Millions), 2010-2019
