Business Interests Made up the Largest Asset Class for US HNWIs in 2013

Date: 2015-08-30

“• In 2013, business interests made up the largest asset class for US HNWIs, accounting for 29.9% of the total HNWI assets, followed by equities with 28.8%, real estate with 16.8%, fixed-income with 10.5%, cash and deposits with 8.3%, and alternatives with 5.8%.

• Equities, business interests and alternatives recorded growth at respective review-period rates of 86.2%, 38.5% and 32.7%. 

• Alternative assets held by US HNWIs decreased during the review period from 6.1% of the total HNWI assets in 2009 to 5.8% in 2013. HNWI allocations to commodities increased from 1.2% of the total assets in 2009 to 1.4% in 2013. 

• Allocations in commodities are expected to decline over the forecast period, reaching 1.1% of the total HNWI assets by 2018, as global liquidity tightens from an expected drop in demand from China for raw materials, which will cause global commodity prices to flatten.

• In 2013, US HNWI liquid assets amounted to US$10.0 trillion, representing 47.4% of the total wealth holdings.”

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