Synopsis
This report provides the latest asset allocations of Hong Kong HNWIs across 13 asset classes. The report also includes projections of the volume, wealth and asset allocations of Hong Kong HNWIs to 2019 and a comprehensive and robust background of the local economy.
Scope
• Independent market sizing of Hong Kong 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
• 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 Hong Kong.
• The report focuses on HNWI performance between the end of 2010 and the end of 2014. This enables us to determine how well the countrys HNWIs have performed through the crisis.
Reasons To Buy
• The HNWI Asset Allocation in Hong Kong 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 report 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
• In 2014, real estate was the largest asset class for Hong Kong HNWIs, with 34.2% of the total HNWI assets. This was followed by business interests with 23.8%, equities with 18%, cash with 11.5%, fixed income with 8.4% and alternatives with 4.1%.
• Real estate, equities and alternatives recorded growth during the review period, at respective rates of 63.1%, 34% and 31.4%.
• Alternative assets held by Hong Kong HNWIs decreased during the review period, going from 4.2% of total HNWI assets in 2010 to 4.1% in 2014. HNWI allocations to commodities decreased from 1.4% to 1.3% of total assets over the same period.
• WealthInsight expects allocations in commodities to decline over the forecast period, to reach 1.1% of total HNWI assets by 2019, as global liquidity tightens due to a forecast near-term drop in demand for raw materials from China. This is expected to cause global commodity prices to flatten out.
• Hong Kong HNWI liquid assets valued US$413.6 billion as of 2014, representing 37.9% of total wealth holdings.
Table Of Contents
1 Introduction
1.1 Details of this Report
1.2 Definitions
2 Executive Summary
3 Wealth Sector Fundamentals
4 Distribution of Wealth in Hong Kong
4.1 HNWI Volume and Wealth Trends
5 Analysis of Hong Kong HNWI Investments
5.1 Analysis by Asset Class
5.1.1 Trends in alternative assets
5.1.2 Trends in ‘art, wine and wheels’
5.1.3 Trends of investment in real estate
5.1.4 Trends of investment in cash and deposits
5.1.5 Trends of investment in fixed-income
5.1.6 Investment trends in equity
5.1.7 Investments trends in business interests
5.2 Analysis of Foreign Investments
5.2.1 Investments in Europe
5.2.2 Investments in North America (including the US, Mexico and the Caribbean)
5.2.3 Investments in Asia-Pacific
5.2.4 Investments in South America
5.2.5 Investments in the Middle East
5.2.6 Investments in Africa
5.3 Alternative Breakdown: Liquid vs Investable Assets
5.4 Analysis of Hong Kong UHNWI Investments
5.5 Key Drivers
5.5.1 HKD to US$ exchange rate
5.5.2 Real GDP growth
5.5.3 Per capita GDP
5.5.4 Domestic market capitalization
5.5.5 Commodity index
5.5.6 Foreign direct investments (FDI) - inflows and outflows
5.5.7 Inflation rate
5.5.8 Interest rate
5.5.9 Balance of payments
5.5.10 Government debt
5.5.11 Stock market performance
5.6 Wealth Breakdowns
6 About WealthInsight
List Of Tables
Table 1: HNWI Wealth Band and Group Definitions
Table 2: Hong Kong Allocations of HNWI Assets (%), 2010-2019
Table 3: Hong Kong HNWIs ? Holdings Growth (%), 2010-2019
Table 4: Hong Kong HNWI Alternative Asset Composition (%), 2010-2019
Table 5: Hong Kong HNWI Trends of Investments in Alternative Assets (%), 2010-2019
Table 6: Hong Kong Trends in ‘Art, Wine and Wheels’, 2010-2014
Table 7: Global Prime Real Estate Prices per m2 (US$), 2014
Table 8: Hong Kong HNWI Foreign Investment Allocations (%), 2010-2019
Table 9: Hong Kong HNWI Liquidity Breakdown (US$ Billion), 2010-2019
Table 10: Hong Kong HNWI Liquidity Breakdown (%), 2010-2019
Table 11: Hong Kong UHNWI Allocations and Share of HNWI Assets (%), 2014
Table 12: HKD to US$ Exchange Rate, 2010-2019
Table 13: Hong Kong Real GDP Growth (%), 2010-2019
Table 14: Hong Kong GDP Per Capita (US$), 2010-2019
Table 15: Hong Kong Domestic Market Capitalization (US$ Billion), 2010-2014
Table 16: Hong Kong Commodity Indices, 2010-2019
Table 17: Hong Kong Foreign Direct Investments (US$ Billion), 2010-2019
Table 18: Hong Kong Inflation Rate (%), 2010-2019
Table 19: Hong Kong Money Market Rate (%), 2010-2019
Table 20: Hong Kong Balance of Payments (US$ Billion), 2010-2014
Table 21: Hong Kong Government Debt as a Percentage of GDP (%), 2010-2019
Table 22: Hong Kong Stock Market Performance (Index), 2010-2014
Table 23: Hong Kong HNWI Wealth vs. GDP Ratio (%), 2010-2019
Table 24: Hong Kong- Appendix One
Table 25: Hong Kong - Appendix Two
List Of Figures
Figure 1: HNWI Wealth Band Definitions
Figure 2: Map of Hong Kong
Figure 3: Hong Kong Asset Price Performance (%), 2010-2014
Figure 4: Hong Kong HNWI Performance (US$ Billion and HNWI Volume), 2010-2019
Figure 5: Hong Kong vs Global HNWIs (%), 2010-2019
Figure 6: Hong Kong HNWI Asset Class Composition (%), 2010-2019
Figure 7: Hong Kong HNWI Trends in Alternative Assets (US$ Billion), 2010-2019
Figure 8: Hong Kong Trends in ‘Art, Wine and Wheels’, 2010-2014
Figure 9: Hong Kong HNWI Foreign Investment Allocation and Growth (%), 2014
Figure 10: Hong Kong HNWIs - Global Distribution of Foreign Investments (%), 2010-2019
Figure 11: Hong Kong HNWI Liquidity Breakdown (%), 2010-2019
Figure 12: Hong Kong UHNWI Asset Class Composition (%), 2010-2019
Figure 13: Hong Kong Exchange Rate - RUB to US$, 2010-2019
Figure 14: Hong Kong Real GDP Growth (%), 2010-2019
Figure 15: Hong Kong GDP Per Capita (US$), 2010-2019
Figure 16: Hong Kong Domestic Market Capitalization (US$ Billion), 2010-2014
Figure 17: Hong Kong Commodity Indices, 2010-2019
Figure 18: Hong Kong Foreign Direct Investments (US$ Billion), 2010-2019
Figure 19: Hong Kong Inflation Rate (%), 2010-2019
Figure 20: Hong Kong Money Market Rate (%), 2010-2019
Figure 21: Hong Kong Balance of Payments (US$ Billion), 2010-2014
Figure 22: Hong Kong Government Debt as a Percentage of GDP (%), 2010-2019
Figure 23: Hong Kong Stock Market Performance (Index), 2010-2014
Figure 24: Hong Kong HNWI Wealth vs. GDP Ratio (%), 2010-2019
Figure 25: Hong Kong HNWIs - Volume by Wealth Band, 2010-2019
Figure 26: Hong Kong HNWIs - Wealth by Wealth Band (US$ Billion), 2010-2019
Figure 27: Hong Kong HNWIs - Wealth per Capita (US$ Million), 2010-2019
