Foreign institutions will contribute to France’s attractive market conditions, as it holds over US$2 trillion in wealth, according to a new study on ASDReports

Wednesday 4 June 2014, Amsterdam

Report description overview:

The new report, now available on asdreports, High Net Worth trends in France - identifies that despite unfavorable world market conditions, the French wealth management market is growing rapidly. By purchasing this report you will secure a proper understanding of shifting market dynamic, which will enable you to amend your business plans accordingly, to allow maximum sales. You will gain an understanding of the challenges and opportunities for the wealth sector in France, enabling you to indentify the key areas in which you want to compete in the future.

The difference:

• Obtain a clear understanding of the latest asset allocations of France’s HNWIs across 13 asset classes, so that you may formulate and implement business strategies.
• Provide yourself with a projections of the volume, wealth and asset allocations of France’s HNWIs to 2018, in order to gain a proper comprehension within the wealth market.
• Look into the size of France’s wealth management industry across five wealth brands and gain insights into the drivers of HNWI wealth, which will enable you to minimize business risks and challenges.

Additional report highlights:

UHNWIs – volume and wealth trends

There was a wide range of performance between the different UHNWI wealth bands: while the number of billionaires increased by 300.0%, the number of centimillionaires and affluent millionaires increased by 20.0% and 19.5% respectively. The number of UHNWIs is predicted to increase by 10% to reach just under 5,000 in 2018. This will include 45 billionaires, 689 centimillionaires and 3,720 affluent millionaires.

Despite unfavorable world market conditions, the French wealth management market is growing rapidly. The market is attractive not only for local development, but also to foreign institutions as it holds US$2.14 trillion in wealth.

Much of the growth in France’s wealth management and private banking sector over the past decade has been driven by growth in personal wealth and the number of HNWIs and UHNWIs. Wealth contrasts are a sensitive matter in the country, with poverty remaining a significant unsolved issue. Buy now to find out more!