South Africa is the largest HNWI market in Africa. This report provides a comprehensive review of the wealth sector in the South Africa, including HNWI trends, wealth management trends and luxury trends in the country.
- Demographics including age, city, suburb, racial and sector breakdowns of local HNWIs.
- Detailed review of local wealth management sector, including major players by AuM.
- Detailed review of local luxury and collectables industry.
- Top brokers, funds and luxury brands for local HNWIs
- HNWI and UHNWI asset allocations across 10 asset classes.
- Details on HNWI offshore funds and where they are held.
- Independent market sizing of local HNWIs across five wealth bands.
- HNWI demographic trends from 2007 to 2015, and forecasts to 2017.
- Insights into the drivers of HNWI wealth.
- At the end of 2015, there were approximately 38,500 HNWIs living in South Africa, with a combined wealth of US$159 billion.
- South African HNWI volumes decreased by 10% during the review period (2007 - 2015).
- Growth was negatively influenced by a significant depreciation of the Rand against the US dollar, falling equity markets and the migration of a significant number of HNWIs out of the country.
- 2015 was a particularly poor year for SA millionaires - HNWI volumes declined by 18% during the year.
- Over the two year forecast period, the number of South African HNWIs is forecast to grow by 10%, to reach approximately 42,300 by 2017. Growth is constrained by the current electricity crisis and a rising level of government regulation in the business sector.
- ABSA Wealth (Barclays)
- Affluence Capital
- Afrasia Bank
- Alexander Forbes
- Ashburton Investments
- BJM Private Client Services
- Bay Wealth Management (BWM)
- Bayswater Capital
- Belmont Asset Management
- Brenthurst Wealth
- Carrick Wealth
- Credit Suisse
- Credo Group
- Equity Trust Group
- Grant Thornton Capital
- Investment Solutions
- K2 Capital
- Keystone Wealth
- LPJ Financial services
- Liberty Life Group
- MUA Insurance
- Momentum Group
- NFB Private Wealth
- Nedbank / BoE
- Old Mutual Wealth
- PSG Konsult
- Plexus Wealth Management
- Private Client Holdings
- Progressive Wealth
- Reitway Global
- Retirement Planning Services (RPS)
- Standard Bank Pvt Clients
- Stead Wealth
- Sterling Private Wealth
- Summit Financial Partners
- Talaria Wealth (previously Cheryl Howard and Ass.)
- Vital Consult
- Warwick Wealth
For more information about this report visit http://www.researchandmarkets.com/research/r3hfml/the_south_africa
Related Topics: Wealth Management
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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/south-africa-wealth-report-2007-2015--2016-2017---research-and-markets-300315855.html
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