Wealth in Germany: Sizing the Market Opportunity 2018

Market: Financial Services

Germany, 40 pages report, published by GlobalData

April-2018

Wealth in Germany: Sizing the Market Opportunity 2018

Summary

"Wealth in Germany: Sizing the Market Opportunity 2018", analyzes Germany’s wealth and retail savings and investments markets, with a focus on the HNW segment. The report is based on our proprietary datasets.

The upswing in the German economy and strong stock market performance have presented significant opportunities for German wealth managers, not only to grow assets under management but also to gain new clients. However, with ch

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List of Figures
Figure 1: 20% of the German population is affluent 9
Figure 2: Affluent individuals account for 78% of total liquid assets in Germany 10
Figure 3: The value and proportion of HNW illiquid asset holdings is diminishing 11
Figure 4: German HNWs have low levels of offshore investment 12
Figure 5: Germany is an early adopter of the OECD’s CRS 14
Figure 6: Deposits will continue to dominate the retail savings and investments market, although they will continue to gradually lose share

List of Tables
Table 1: German adult population segmented by wealth asset band (000s), 2006-13 28
Table 2: German adult population segmented by wealth asset band (000s), 2014-21f 29
Table 3: Retail liquid assets in Germany segmented by asset band ($bn), 2006-13 30
Table 4: Retail liquid assets in Germany segmented by asset band ($bn), 2014-21f 31
Table 5: US dollar exchange rates with the euro 38

Table of Contents
1. EXECUTIVE SUMMARY 2
1.1. The strength of the German economy presents opportunities for wealth managers to grow existing AUM and gain new clients 2
1.2. Key findings 2
1.3. Critical success factors 2
2. THE ONSHORE GERMAN WEALTH MARKET HAS BEEN BOOSTED BY AN ECONOMIC UPSWING 8
2.1. Introduction 8
2.2. Robust growth is expected in the German wealth market to 2021 8
2.2.1. 2017 saw an upswing in the German economy 8
2.2.2. The strong economy means that HNWs now account for 0.45