Spending Habits of the Rich and Famous: High Net Worth Individuals in Russia, South Africa, and Around The Globe

 

Three new studies available from Global Information Inc explore the spending habits and trends of high net worth individuals across Russia, South Africa, and around the globe to present a detailed analysis of opportunities, trends, and challenges for organizations involved with wealth management, retail, and services.

FARMINGTON, Conn., Aug. 27, 2012 /PRNewswire-iReach/ — The spending behaviors of the wealthy have proven remarkably stable during the recession, even experiencing moderate gains while the majority of the world’s major economies were in freefall. This stability has allowed high net worth individuals to gain significant ground, and will make the markets for luxury goods and wealth management services absolutely critical for retailers, marketers, and banks over the coming decade.

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The spending habits of HNWI are so vastly different from those of their lower net worth peers that they represent a market unto themselves, and special study is necessary for businesses and service providers that cater to these individuals. Global Information Inc is pleased to provide new market research reports detailing these behaviors, and offering valuable insight for business leaders, marketers, bankers, wealth managers, investors, and regulators to help them better respond to the demands of their best potential customers.

Russia – The Future of HNWIs to 2016: The Land of Oil and Gas

New market research from WealthInsight provides extensive research on the HNWI population and wealth management industry in Russia. This report provides market sizing and forecasts of local HNWI and UHNWI populations, and leverages WealthInsight’s HNWI Database to provide key demographic breakdowns such as sector and city specific data.

As of 2011, there were just over 159,500 HNWIs in Russia. This report provides robust projections of the volume, wealth and asset allocation of local HNWIs and UHNWIs. The report then couches these findings in an analysis of the local Wealth Management and Private Banking sector, and the opportunities therein. The report also features independent market sizing of Russian HNWIs across five wealth bands; HNWI volume, wealth and allocation trends from 2007 to 2011, and allocation forecasts across 13 asset classes to 2016; city-wise breakdowns of UHNWI volumes and volume growth from 2007 to 2011, as well as 2016 forecasts; and much more.

For a detailed executive summary and table of contents, or to request free sample pages from the full report, please visit http://www.giiresearch.com/report/wis249128-russia-future-hnwis-land-oil-gas.html

South Africa – The Future of HNWIs to 2016: The Rise of African Wealth

South Africa has the largest concentration of HNWIs in all of Africa. In addition to providing a comprehensive and robust background of the local economy – including, uniquely, detailed analysis of economic and political risks to HNWI wealth creation – this report offers robust projections of the volume, wealth and asset allocation of local HNWIs and UHNWIs. The report then couches these findings in an analysis of the local Wealth Management and Private Banking sector, and the opportunities therein.

WealthInsight provides extensive research covering the HNWI population and wealth management industry in South Africa. Offering market sizing and forecasts of local HNWI and UHNWI populations, this report also leverages WealthInsight’s HNWI Database for key demographic breakdowns, including as sector and city specific data.

Like the aforementioned Russia report, this report on South African HNWIs also provides details of the development, challenges and opportunities of the Wealth Management and Private Banking sector in South Africa, size analysis of the local wealth management industry, information on the largest private banks in South Africa by AuM, detailed wealth management and family office information, and insights into the drivers of HNWI wealth.

For a detailed executive summary and table of contents, or to request free sample pages from the full report, please visit http://www.giiresearch.com/report/wis247419-south-africa-future-hnwis-2016-rise-african-wealth.html

The Global Mass Affluent

Engaging successfully with the mass affluent market is key for all banking service providers to maximize profitability and increase revenue. New market research from Timetric offers insights on tailoring product offerings and marketing to a new breed of discerning consumers. This report features interesting developments across the newer markets in Asia, as well as Central America, benchmarked against the more established players in the US and Europe.

The concept of the mass affluent is relatively easy to understand, even if the precise definition changes depending where you are in the world. For instance, the threshold for mass affluent status in the US is usually pitched at $100,000 in liquid assets, whereas in parts of Asia the limit is lower to reflect prevailing average incomes and other economic factors.

This report contains a global macro perspective, but also a bottom up country and bank-based approach, examining the financial concerns and the priorities of mass affluent consumers. The report also shows the products needed by an aging population in western countries, but also those needed by prospective, younger clients in future key markets like India and China

For a detailed executive summary and table of contents, or to request free sample pages from the full report, please visit http://www.giiresearch.com/report/time245839-global-mass-affluent.html

About Global Information Inc. Global Information (GII) (http://www.giiresearch.com) is an information service company partnering with over 300 research companies around the world. Global Information has been in the business of distributing technical and market research for more than 25 years. Expanded from its original headquarters in Japan, Global Information now has offices in Korea, Taiwan, Singapore, Europe and the United States.

Media Contact: Jeremy Palaia Global Information, Inc., 1-860-674-8796, Press@gii.co.jp

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SOURCE Global Information, Inc.

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