Wealth in Australia: HNW Investors 2018

Market: Financial Services

Australia, 51 pages report, published by GlobalData

March-2018

Wealth in Australia: HNW Investors 2018

Summary

The Australian wealth market offers significant opportunities for wealth managers despite its high level of development. The local HNW segment is significantly older than their global peers, suggesting that intergenerational wealth transfer will offer a significant source of new business over the coming years. In particular, inheriting female spouses are often overlooked and should be given more attention. In the expat space, wealth managers will

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List of Figures
Figure 1: Female HNW investors tend to be younger than their male counterparts 9
Figure 2: Expats represent just 7.3% of the Australian HNW population 10
Figure 3: Becoming the prime wealth manager pays off in Australia 11
Figure 4: Investors’ significant allocation to equities could result in strong portfolio value fluctuation should volatility increase 12
Figure 5: Better returns offshore are driving HNW wealth abroad 13
Figure 6: The focus has shifted from retail to commercial

List of Tables
Table 1: Cash and near-cash products: importance of asset allocation drivers 45
Table 2: Equities: importance of asset allocation drivers 45
Table 3: Bonds: importance of asset allocation drivers 46
Table 4: Property: importance of asset allocation drivers 46
Table 5: Commodities: importance of asset allocation drivers 46
Table 6: Alternatives: importance of asset allocation drivers 47

Table of Contents
1. EXECUTIVE SUMMARY 2
1.1. Already a mature wealth market, Australia still offers room for growth 2
1.2. Key findings 2
1.3. Critical success factors 2
2. OVERVIEW 8
2.1. Succeeding in Australia’s HNW market requires an understanding of evolving HNW demand patterns 8
2.2. Demographics: Professionals employed in the financial services industry represent a lucrative target market 9
2.3. Expats: Providers will have to work hard to make the expat opportunity work 10
2.4. Investmen