Skip to content
International Adviser
  • Contact
  • Subscribe
  • Regions
    • United Kingdom
    • Middle East
    • Europe
    • Asia
    • Africa
    • North America
    • Latin America
  • Industry
    • Tax & Regulation
    • Products
    • Life
    • Health & Protection
    • People Moves
    • Companies
    • Offshore Bonds
    • Retirement
    • Technology
    • Platforms
  • Investment
    • Equities
    • Fixed Income
    • Alternatives
    • Multi Asset
    • Property
    • Macro Views
    • Structured Products
    • Emerging Markets
    • Commodities
  • IA 100
  • Best Practice
    • Best Practice News
    • Best Practice Awards
  • Media
    • Video
    • Podcast
  • Directory
  • My IA
    • Events
    • IA Tax Panel
    • IA Intermediary Panel
    • About IA

ANNOUNCEMENT: Read more financial articles on our partner site, click here to read more.

Asia Pacific HNWI population grows 8.5% in 2014

By Mark Battersby, 15 Sep 15

The Asia-Pacific was the fastest growing region in 2014 for high-net-worth individuals, those with $1m investable assets.

The Asia-Pacific was the fastest growing region in 2014 for high-net-worth individuals, those with $1m investable assets.

The region saw its HNWI population grow 8.5% to 4.7m by the end of 2014, with a total wealth of $15.8trn, up 11.4% from a year ago, according to a report by Capgemini and RBC Wealth Management.

India registered the fastest HNWI expansion out of all countries with its HNWI population up 26.3% and their wealth growing 28.2% year on year.

The election of a reform-minded prime minister boosted investor confidence and the stock market which helped the growth of the HNWI population, the report said.

China, Indonesia and Thailand turned in high double-digit growth to be among the fastest-growing markets.

Unlike the rest of the world, HNWIs in Asia Pacific excluding Japan favour cash over equities, though only by a slight margin. 

The area’s HNWIs have 23.1% allocation to cash in 2015, and 22.8% in equities.

HNWIs in the rest of world have 27.9% in equities and 23.3% in cash.

Tags: Capgemini | High Net Worth | RBC

Share this article
Follow by Email
Facebook
fb-share-icon
X (Twitter)
Post on X
LinkedIn
Share

Related Stories

  • Asia

    Skybound launches expat resilience initiative to help families prepare for uncertainty

    Asia

    UAE’s tax status reprieve for expats fleeing conflict not a panacea – Mishcon de Reya

  • Asia

    FNZ makes trio of leadership appointments in global growth push

    IA best practice awards

    Africa

    The International Adviser Best Practice Awards returns for 2026


NEWSLETTER

Sign Up for International
Adviser Daily Newsletter

subscribe

  • View site map
  • Privacy Policy
  • Terms and Conditions
  • Contact

Published by Money Map Media – part of G&M Media Ltd Copyright (c) 2024.

International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.