Market Research Report
Wealth in China: Sizing the Market Opportunity 2017
|Published by||GlobalData||Product code||355490|
|Published||Content info||40 Pages
Delivery time: 1-2 business days
|Wealth in China: Sizing the Market Opportunity 2017|
|Published: March 24, 2017||Content info: 40 Pages||
"Wealth in China: Sizing the Market Opportunity 2017" analyzes the Chinese wealth and retail savings and investments markets, with a focus on the HNW segment. The report is based on our proprietary datasets.
Thanks to lower economic productivity, the remarkable wealth growth rates of the past few years will not be repeated in China over the forecast period. Nevertheless, strong predicted retail investments growth - led by strong mutual fund performance - will continue at a faster rate than in the wider region. Between 2016 and 2020 liquid assets held by affluent individuals are forecast to record a compound annual growth rate (CAGR) of 10%, representing a sizable opportunity for wealth managers operating in the country.
Chinese HNW investors allocate a noteworthy proportion of their investments into non-traditional assets, mostly in real estate. However, alternative and commodities investments also constitute an above-average and growing proportion. To gain access to a better range of investment options, HNW investors in China also invest a large proportion of their wealth offshore.