United Arab Emirates (UAE) Wealth Management - High Net Worth (HNW) Investors 2022

GlobalData's 'United Arab Emirates (UAE) Wealth Management - High Net Worth (HNW) Investors 2022' analyzes the investing preferences and portfolio allocation of UAE's HNW individuals. It profiles HNW investors in terms of their demographics, examines the allocation of HNW investors' portfolios, analyzes their propensity to invest offshore, and explores their product and service demand. The report is based on our proprietary Global Wealth Managers Survey.

The HNW ecosystem in UAE is characterized by a growing proportion of entrepreneurs and family business owners. Reflecting the sizable percentage of expats in the country, wealth managers in such a competitive market cannot afford to ignore this lucrative segment. While the largest chunk of HNW wealth is held via advisory mandates, demand for robo-advice is forecast to rise. In addition, a multi-service proposition is a must as demand is expected to increase across all planning services, with a particular focus on next generation programs.

Scope

• Expats constitute a noteworthy 40% of the local HNW population. They represent an attractive target market thanks to their more complex service requirements.
• Robo-advice accounts for 13.6% of the UAE HNW portfolio. The market for robo-advisory services is growing rapidly in the country's HNW space.
• Equities, property, and bonds dominate UAE HNW investors' asset portfolios.
• The average UAE HNW investor offshores 50.1% of their wealth abroad. This proportion is expected to increase over the next 12 months, indicating that many HNW investors are uncertain about the country's economic recovery and are willing to look for investment avenues in other markets.

Reasons to Buy

• Develop and enhance your client targeting strategies using our data on HNW profiles and sources of wealth.
• Enhance your marketing strategies and capture new clients using insights from our data on HNW investors' asset management style preferences.
• Tailor your investment product portfolio to match the current and future demand for different asset classes among HNW individuals.
• Develop your service proposition to match the demand expressed by UAE HNW investors and react proactively to forecast changes in demand.