Mutual Fund Industry is expected to drive the Future growth of Wealth in Belgium: Ken Research
Posted on 07 December 2016 by KenResearch Banking Financial Services and Insurance,
Wealth market growth in Belgium has experienced a slowdown in 2016 following the terrorist attacks and Brexit event.
Asset allocation is dominated by deposits
Tax efficiency has lost its importance due to international regulations on automatic exchange of information.
Ken research announced recent publication titled “Wealth in Belgium: Sizing the Market Opportunity 2016”, offers insight on the Belgian wealth and retail savings and also its investments markets, with a focus on the HNW segment which is based on their proprietary datasets. The production particularly concentrates on asset classes which are favoured by Belgian investors and how their preferences influence the development of the total savings and investments market, Sizes the affluent market and shrewd examination of HNW clients’ attitudes towards non-liquid investments such as property and commodities furthermore identifies the key drivers and booking centers for offshore investments. The individuals who are seeking information on the share of their Belgian wealth market against the current market size and are keen to forecast their future growth prospects using our projections for the market to 2020. This report serves multiple purposes.
Belgium, in the same way as other Western European countries, enjoys a high standard of living and a high per capita income. Every year the United Nations positions the world's nations in its Human Development Report. Belgium reliably positions among the top countries in its human development list that measures the personal satisfaction in nations.
Once again Switzerland tops the list of the world's highest average wealth assets per adult. Following Switzerland are Australia, Belgium, New Zealand and Norway. Income and wealth dissemination in Belgium have remained genuinely stagnant from the first to the second wave. Access to a superior scope of ventures is the real driver for seaward investments in Belgium, as duty productivity has lost its significance because of global controls on programmed trade of data.
HNW people distribute more than 10% of their investible resources outside customary investments. Multifaceted investments, real estate investment trusts (REITs), and private value funds constitute the main part of ventures outside traditional resource classes. Belgian HNW investors seaward right around a fifth of their aggregate ventures, wanting to remain nearby to home, with Luxembourg alone retaining 40% of aggregate HNW seaward appointments.
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Ankur Gupta, Head Marketing & Communications