1 Key Insights into Latin American HNWI
and UHNWI Investment Behavior
Equity and real estate gains remain by far the strongest pillars supporting this rise in HNWI
wealth in Asia-Pacific, overcoming tepid GDP growth in China, a stagnant Japanese economy, and uneven EU and US recoveries, impacting export-dependent emerging Asia.
allocations to Asia-Pacific increased rapidly compared with other regions during the review period, rising from 11.
o Hong Kong HNWI
allocations to Asia-Pacific decreased during the review period, from 58.
North America is second in the world to Asia-Pacific in sheer numbers of HNWI
There were approximately 228,736 HNWIs
in Spain in 2014, which held US$968.
26 trillion in wealth, and wealth per HNWI
As forecast in the 2013 World Wealth Report, Asia-Pacific is still expected to have the largest HNWI
from Muscat and Manama prefer Dubai to London; security and lifestyle offered top the list of drivers, while capital value growth and the emirate's perceived safe haven status top the list of factors influencing HNWI
investments into Dubai
It is therefore unsurprising that the number of HNWI
looking to invest regionally is 60 per cent higher than in 2011, and that 80 per cent of those surveyed are very likely to make an investment in the region during 2013.
The past few years have seen great fluctuations in HNWI
wealth and population," said Tamer Rashad, head of Middle East Merrill Lynch Wealth Management.
The global HNWI
population remained highly concentrated in the US, Japan and Germany, which together accounted for 53.