Wealth in Indonesia: HNW Investors 2017

2017-06-09
Price :
Published : Jun-2017
No. of Pages : 46

Wealth in Indonesia: HNW Investors 2017

Summary

HNW investors of Indonesia have predominately accumulated their wealth through business interests, with property and manufacturing key wealth generators. Investors show strong demand for advisory mandates, but a significant proportion of wealth remains unmanaged. Defensive investments dominate the average portfolio, and while this is not expected to change we do forecast a decrease in demand for cash, while demand for fixed income is expected to rise. Tax planning is most sought after, but demand for pension and financial planning is on the rise.

Critical success factors in HNW Investors market
– Capitalize on the untapped potential: A large pot of Indonesian HNW wealth remains unmanaged. An excellent track record, a wide range of financial products, and a focus on the convenience aspect of professional advice will be key to seizing this opportunity.
– Match the growing demand for tax planning: Indonesia’s tax amnesty is driving demand for tax planning in the country. Wealth managers lacking in-house expertise should consider partnerships.
– Build up a strong corporate offering: A significant proportion of HNW wealth continues to be self-directed; with the main reason being the noteworthy proportion of investments is non-financial assets, such as HNW investors’ own business ventures. Wealth managers with a strong corporate offering will be able to get their hands on these assets.

Key points to note –
– Indonesian HNW individuals tend to be older than their regional peers.
– The expat opportunity is less developed than in Asia Pacific, but wealth managers reaching out to HNW expats from South Korea or Singapore will find them to be a lucrative target market.
– The country’s HNW investors engage multiple wealth management firms, which is symptomatic of a relatively underdeveloped and risk-averse wealth market.
– A lack of expertise and time are the top drivers for Indonesian HNW investors to seek professional advice, while non-financial investments are the main reason they self-direct.
– HNW demand for equity, fixed income, and alternatives is forecast to rise over the next 12 months, while demand for cash and near-cash products is expected to decrease.
– A multi-service strategy – encompassing tax, financial, and pension planning – is becoming increasingly important as demand for these services is on the rise.

The report “Wealth in Indonesia: HNW Investors 2017” analyzes the investment preferences and portfolio allocation of Indonesian HNW investors.

Specifically the report provides the following –
– Profiles the average Indonesian HNW investor in terms of their demographics and analyzes the expat opportunity in Indonesia.
– Analyzes which wealth management mandates are preferred among Indonesian HNW investors and how demand will develop looking forward.
– Examines the allocation of Indonesian HNW investors’ portfolios into different asset classes and how this is expected to develop in the future.
– Analyzes product and service demand among Indonesian HNW investors.

Company mentioned in this report: Bank International Indonesia

Scope

– Indonesian HNW individuals tend to be older than their regional peers.
– The expat opportunity is less developed than in Asia Pacific, but wealth managers reaching out to HNW expats from South Korea or Singapore will find them to be a lucrative target market.
– The country’s HNW investors engage multiple wealth management firms, which is symptomatic of a relatively underdeveloped and risk-averse wealth market.
– A lack of expertise and time are the top drivers for Indonesian HNW investors to seek professional advice, while non-financial investments are the main reason they self-direct.
– HNW demand for equity, fixed income, and alternatives is forecast to rise over the next 12 months, while demand for cash and near-cash products is expected to decrease.
– A multi-service strategy – encompassing tax, financial, and pension planning – is becoming increasingly important as demand for these services is on the rise.

Reasons to buy

– Develop and enhance your client targeting strategies using our data on HNW profiles and sources of wealth.
– Give your marketing strategies the edge required and capture new clients using insights from our data on HNW investors’ drivers for seeking investment advice vs self-directing.
– Tailor your investment product portfolio to match current and future demand for different asset classes among HNW individuals.
– Develop your proposition to match the product and service demand expressed by Indonesian HNW investors and react proactively to forecasted changes in demand.

Filed in: Banking & Finance, Wealth Management
Publisher : GlobalData
More Reports
Title Price Buy Now

Insurance Company Profile: Bupa

Insurance Company Profile: Bupa Summary "Insurance Company Profile: Bupa", provides a comprehensive review of the company, covering its structure, its UK performance, and its marketing and distribution strategy. The profile also covers activities around insurtech and digitalization, and provides a full SWOT analysis examining Bupa's strengths and weaknesses, the opportunities it can capitalize on, and the threats it will face going forward. Bupa is the UK's largest health insurer. It offers health insurance and runs clinics, dental centers, hospitals, care homes, and retirement villages. The company serves around 27.1 million customers across 13 countries, with approximately 86,000 employees globally. The insurance business serves around 16.5 million customers across the world, in......
$1295

UK Mortgage Market 2017: Forecasts and Future Opportunities

UK Mortgage Market 2017: Forecasts and Future Opportunities Summary While the market has recovered well since the financial crisis, often growing by a double-digit percentage year-on-year, rising economic uncertainties will dampen the prospects for future growth over the coming years. During 2017-21, gross advances are expected to record a CAGR of 5.7%, reaching £327.0bn by the end of the forecast period. On the supply side, an increased supply of new homes, stamp duty relief for first-time buyers, and tighter controls on buy-to-let lenders will improve matters for first-time buyers by reducing investor demand for properties. Legislative changes in the buy-to-let sector such as higher stamp duty and stricter underwriting standards will act as a drag on future growth, in what has ......
$3450

Alternative Payment Solution: Circle

Alternative Payment Solution: Circle Summary Circle is a person-to-person (P2P) payment solution launched by Circle Internet Financial in 2013. Initially launched as a bitcoin-based solution, it eventually expanded its money transfer services to allow users to transact in currencies including US dollars, pound sterling, and euros. In December 2016 it discontinued bitcoin-based transactions; however, existing customers who had accounts before December 2016 could continue to transact in bitcoin through its partner, Coinbase. To transfer funds, both sender and recipient need to download the Circle app on Android or iOS phones and create an account. Funds can be loaded to the account via debit card or bank account. Users can then send money by selecting the recipient's mobile phone nu......
$350

Payments in the UK 2017: What Consumers Want

Payments in the UK 2017: What Consumers Want Summary "Payments in the UK 2017: What Consumers Want", report examines the consumer payments market in the UK, considering payment cards, online payments, P2P payments, and newer payment technologies such as mobile wallets and contactless. The report also examines the main regulatory players overseeing the market. The UK payments market is highly mature - arguably even over-served by its financial institutions. There were more debit cards in issue than individuals in the UK in 2017 by a considerable margin. Access to formal financial services in the UK is easy and mostly free, leading to a population that is highly comfortable with credit and debit cards both in-store and online. Contactless card numbers and usage have also seen strong......
$3450

Payments Landscape in the UK: Opportunities and Risks to 2021

Payments Landscape in the UK: Opportunities and Risks to 2021 Summary GlobalData's "Payments Landscape in the UK: Opportunities and Risks to 2021", report provides detailed analysis of market trends in the British cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including credit transfers, direct debit, cash, payment cards, and cheques during the review-period (2013-17e). The report also analyzes various payment card markets operating in the industry, and provides detailed information on the number of cards in circulation, transaction values and volumes during the review-period and over the forecast-period (2017-21f). It also offers information on the country's competitive landscape, including the market shares......
$2750

Alternative Payment Solution: Jiffy

Alternative Payment Solution: Jiffy Summary Jiffy is an Italy-based mobile payment solution developed by SIA in October 2014. It is one of the leading peer-to-peer (P2P) payment solutions in Europe with 4.2 million users, second-highest in the region after Swish and ahead of the UK's Paym. The solution allows users to make P2P transfers in real-time on their smartphones. Jiffy allows money to be transferred simply by selecting the recipient from a mobile phone address book. To make this solution available to customers SIA collaborates with Italian banks, which offer Jiffy as an additional service through their mobile banking apps or internet banking webpages. Transfers using Jiffy can be made through bank apps and internet banking once both sender and recipient are registered with......
$350

Payments in Canada 2017: What Consumers Want

Payments in Canada 2017: What Consumers Want Summary "Payments in Canada 2017: What Consumers Want", report examines the consumer payments market in Canada, considering payment cards, online payments, P2P payments, and newer payment technologies such as mobile wallets and contactless. The report also examines the main regulatory players overseeing the market. Canada is a developed and highly competitive payment card market - with pay-later and debit card penetration rates of 219.9 and 85.4 per 100 individuals in 2017. Canadian consumers are avid users of payment cards, with frequency of use at 101.2 transactions per card. While credit cards dominate in terms of spending, debit cards are more frequently used at the POS, with this figure the highest among its peers. This is largely ......
$3450

Payments Landscape in Canada: Opportunities and Risks to 2021

Payments Landscape in Canada: Opportunities and Risks to 2021 Summary GlobalData's "Payments Landscape in Canada: Opportunities and Risks to 2021", report provides detailed analysis of market trends in the Canadian cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including credit transfers, direct debit, cash, payment cards, and cheques during the review-period (2013-17e). The report also analyzes various payment card markets operating in the industry, and provides detailed information on the number of cards in circulation, transaction values and volumes during the review-period and over the forecast-period (2017-21f). It also offers information on the country's competitive landscape, including the market share......
$2750

UK Professional Indemnity Market Review 2017

Summary "UK Professional Indemnity Market Review 2017", provides an in-depth analysis of the UK professional indemnity insurance market. It looks at market size as well as changes in premiums, claims, distribution, regulations, and future opportunities. It provides a thorough overview of the market along with a GWP forecast for the coming years. The soft market conditions that have characterized the UK professional indemnity insurance market in recent years may finally be coming to an end. The winds of change are starting to blow, with premium rate rises and a reduction in capacity widely anticipated in 2018. Scope The UK professional indemnity market is estimated to have been worth £1.64bn in 2017. Much of the growth in underlying demand is occurring among non-traditiona......
$3450

Insurance Company Profile: Legal & General

Summary "Insurance Company Profile: Legal & General", profile provides a comprehensive review of the company and its UK business. This includes its structure, its strategy for growth and focus on digitization, as well as its performance in the UK and marketing and distribution strategy. Legal & General operates life insurance, general insurance, pensions, and investment management businesses under one brand. It serves more than 10 million customers across the world, including over 1 million life insurance customers in the US. Legal & General is predominantly present in the UK. It is growing its business in the US, but has a lesser presence in Asia, Europe, and the Gulf regions. This profile offers a review of Legal & General, its business structure and strate......
$1295