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Market Research Report
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1021336

Singapore Wealth Management - Market Sizing and Opportunities to 2026

Published: | GlobalData | 38 Pages | Delivery time: 1-2 business days

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Singapore Wealth Management - Market Sizing and Opportunities to 2026
Published: April 25, 2022
GlobalData
Content info: 38 Pages
Delivery time: 1-2 business days
  • Description
  • Table of Contents

Singapore's affluent segment accounted for 30.6% of the total population and held 85.7% of Singapore's total onshore liquid assets in 2021. Deposits account for the largest share of the Singaporean retail savings and investment portfolio, constituting more than two thirds of overall balances. Between 2021 and 2026, we expect the retail savings and investments market to record a compound annual growth rate of 5.1%. Robo-advice accounts for 8.2% of the Singaporean HNW portfolio. The market for robo-advisory services is growing in the city-state, with multiple wealth managers entering the space.

Based on our proprietary datasets, this report analyzes the Singaporean wealth and retail savings and investments markets. This includes overall affluent market size (both by number of individuals and the value of their liquid assets). The report also provides analysis of the factors driving liquid asset growth, including a breakdown and forecast of total retail savings and investments split by equities, mutual funds, deposits, and bonds.

Scope

  • HNW individuals constituted 1.0% of the total adult population of Singapore in 2021.
  • Advisory and discretionary mandates dominate the Singaporean HNW wealth market.
  • Deposits remain the most popular investment avenue for Singaporeans, indicating their preference for safe-haven investment asset classes.
  • Bonds accounted for a small proportion of retail investment portfolios in 2021.

Reasons to Buy

  • Make strategic decisions using top-level historic and forecast data on Singapore's wealth industry.
  • Identify the most promising client segment by analyzing the penetration of affluent individuals.
  • Receive detailed insights into retail liquid asset holdings in Singapore.
  • Understand the changing market and competitive dynamics by learning about new competitors and recent deals in the wealth space.
  • See an overview of key digital disruptors in the city-state's wealth market.
Product Code: GDFS0597CI

Table of Contents

Table of Contents

  • Singapore Wealth Market
  • Investor Insights
  • Resident Savings and Investments
  • Digital Disruptors
  • Recent Deals

Appendix