Synopsis
This report provides the latest asset allocations of Poland HNWIs across 13 asset classes. The report also includes projections of the volume, wealth and asset allocations of Poland HNWIs to 2018 and a comprehensive and robust background of the local economy.
Scope
• Independent market sizing of Poland HNWIs across five wealth bands
• HNWI volume and wealth trends from 2009 to 2013
• HNWI volume and wealth forecasts to 2018
• HNWI and UHNWI asset allocations across 13 asset classes
• Insights into the drivers of HNWI wealth
Summary
• This report is the result of WealthInsight’s extensive research covering the high net worth individual (HNWI) population and wealth management market in Poland.
• The report focuses on HNWI performance between the end of 2008 (the peak before the global financial crisis) and the end of 2013. This enables us to determine how well the country's HNWIs have performed through the crisis.
Reasons To Buy
• The HNWI Asset Allocation in Poland 2014 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 2018.
Key highlights
• In 2013, equities made up the largest asset class for Polish HNWIs, accounting for 31.8% of the total HNWI assets, followed by business interests with 24.5%, real estate with 18.9%, fixed-income with 13.5%, cash and deposits with 6.1%, and alternatives with 5.2%.
• Equities, business interests and alternatives recorded growth at respective review-period rates of 51.7%, 47.3% and 46.7%.
• Alternative assets held by Polish HNWIs increased during the review period from 4.9% of the total HNWI assets in 2009 to 5.2% in 2013. HNWI allocations to commodities increased from 0.8% of the total assets in 2009 to 1.0% in 2013.
• Allocations in commodities are expected to decline over the forecast period, reaching 0.8% of the total HNWI assets by 2018, as global liquidity tightens from an expected drop in demand from China for raw materials, which will cause global commodity prices to flatten.
• In 2013, Polish HNWI liquid assets valued US$65.6 billion, representing 51.2% of the total wealth holdings.
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 Polish Wealth in Context
3.3.1 Distribution of wealth in Poland
3.4 HNWI Volume and Wealth Trends
4 Analysis of Polish HNWI Investments
4.1 Analysis by Asset Class
4.1.1 Trends in alternative assets
4.1.2 Trends in ‘art, wine and wheels’
4.1.3 Trends of investments in real estate
4.1.4 Trends of investments in cash and deposits
4.1.5 Trends of investments in fixed-income
4.1.6 Investment trends in equity
4.1.7 Investments trends in business interests
4.2 Analysis of Foreign Investments
4.2.1 Investments in Europe
4.2.2 Investments in North America (including the US, Mexico and the Caribbean)
4.2.3 Investments in Asia-Pacific
4.2.4 Investments in Central and South America
4.2.5 Investments in the Middle East
4.2.6 Investments in Africa
4.3 Alternative Breakdown: Liquid vs Investable Assets
4.4 Analysis of Polish UHNWI Investments
5 Appendix
5.1 Additional Components of the Wealth Sector in Poland
5.1.1 Philanthropy
5.1.2 Demand for intergenerational wealth transfer
5.2 Tax Regulations
5.3 Regulations Related to Immigration, Investment and Employment
5.4 Key Drivers
5.4.1 Real GDP growth
5.4.2 Per capita GDP
5.4.3 Domestic market capitalization
5.4.4 Commodity index
5.4.5 Foreign direct investments - inflow and outflow
5.4.6 Inflation rate
5.4.7 Interest rate
5.4.8 Balance of payments
5.4.9 Government debt
5.4.10 Stock market performance
5.5 Wealth Breakdowns
6 About WealthInsight
List Of Tables
Table 1: HNWI Wealth Band and Group Definitions
Table 2: Cities in Poland by Population (Volume), 2013
Table 3: Polish Allocations of HNWI Assets (%), 2009-2018
Table 4: Polish HNWI Holdings Growth (%), 2009-2018
Table 5: Polish HNWI Alternative Asset Composition (%), 2009-2018
Table 6: Polish HNWI Trends of Investments in Alternative Assets (%), 2009-2018
Table 7: Polish Trends in ‘Art, Wine and Wheels’, 2009-2013
Table 8: Global Prime Real Estate Prices per m2 (US$), 2014
Table 9: Polish HNWI Foreign Investment Allocations (%), 2009-2018
Table 10: Polish HNWI Liquidity Breakdown (US$ Billion), 2009-2018
Table 11: Polish HNWI Liquidity Breakdown (%), 2009-2018
Table 12: Polish UHNWI Allocations and Share of HNWI Assets (%), 2013
Table 13: Polish Income Tax Bands (USD), 2013-2014
Table 14: Polish Real GDP Growth (%), 2009-2018
Table 15: Polish GDP per Capita (US$), 2009-2018
Table 16: Polish Domestic Market Capitalization (US$ Billion),2009-2013
Table 17: Polish Commodity Indices, 2009-2018
Table 18: Polish Foreign Direct Investment (US$ Billion), 2009-2018
Table 19: Polish Inflation Rate (%), 2009-2018
Table 20: Polish Money Market Rate (%), 2009-2018
Table 21: Poland’s Balance of Payments (US$ Billion), 2009-2013
Table 22: Polish Government Debt as a Percentage of GDP, 2009-2018
Table 23 Polish Stock Market Performance, 2009-2013
Table 24: Polish HNWI Wealth vs GDP Ratio, 2009-2018
Table 25: Poland - Appendix One
Table 26: Poland - Appendix Two
List Of Figures
Figure 1: HNWI Wealth Band Definitions
Figure 2: Map of Poland
Figure 3: Polish Asset Price Performance (%), 2009-2013
Figure 4: Polish HNWI Performance (US$ Billion and HNWI Volume), 2009-2018
Figure 5: Poland Vs Global HNWIs (%), 2009-2018
Figure 6: Polish HNWI Asset Class Composition (%), 2009-2018
Figure 7: Polish HNWI Trends in Alternative Assets (US$ Billion), 2009-2018
Figure 8: Polish Trends in ‘Art, Wine and Wheels’, 2009-2013
Figure 9: Polish HNWI Foreign Investment Allocations and Growth (%), 2013
Figure 10: Polish HNWI Global Distribution of Foreign Investments (%), 2009-2018
Figure 11: Polish HNWI Liquidity Breakdown (%), 2009-2018
Figure 12: Polish UHNWI Asset Class Composition (%), 2009-2018
Figure 13: Polish Real GDP Growth (%), 2009-2018
Figure 14: Polish GDP per Capita (US$), 2009-2018
Figure 15: Polish Domestic Market Capitalization (US$ Billion), 2009-2013
Figure 16: Polish Commodity Indices, 2009-2018
Figure 17: Polish Foreign Direct Investment (US$ Billion), 2009-2018
Figure 18: Polish Inflation Rate (%), 2009-2018
Figure 19: Polish Money Market Rate (%), 2009-2018
Figure 20: Poland’s Balance of Payments (US$ Billion), 2009-2013
Figure 21: Polish Government Debt as a Percentage of GDP, 2009-2018
Figure 22: Polish Stock Market Performance, 2009-2013
Figure 23: Polish HNWI Wealth vs GDP Ratio, 2009-2018
Figure 24: Polish HNWIs - Volume by Wealth Band, 2009-2018
Figure 25: Polish HNWIs - Wealth by Wealth Band (US$ Billion), 2009-2018
Figure 26: Polish HNWIs - Wealth per Capita (US$ Million), 2009-2018
