PUBLISHER: GlobalData | PRODUCT CODE: 1140500
PUBLISHER: GlobalData | PRODUCT CODE: 1140500
Switzerland's affluent segment (including high-net-worth [HNW] individuals and mass affluents) accounted for 88.6% of the total population and held 98.2% of the total onshore liquid assets in 2021. Economic recovery in 2021 resulted in a rebound in stock market valuations. Consequently, individuals who invested some portion of their wealth in equities and mutual funds were able to recover the losses they incurred in 2020. As a result, affluent individuals' liquid assets are predicted to have risen by 7.0% in 2021, while the liquid assets of HNWs grew by 9.6%. Deposits account for the largest share of the Swiss retail savings and investment portfolio, constituting more than 51% of overall balances. Between 2022 and 2026, we expect the retail savings and investments market to record a compound annual growth rate (CAGR) of 3.6%. This will mainly be driven by equities, which are forecast to expand at a CAGR of 4.7% over 2022-26. Robo-advice accounts for a mere 3.3% of the Swiss HNW portfolio. The market for robo-advisory services is growing in the HNW space in Switzerland, with multiple wealth managers entering the space.
Based on our proprietary datasets, this report analyzes Switzerland's wealth and retail savings and investments markets. This includes overall affluent market size (both by the 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.