“• In 2013, Turkish HNWIs held 27.0% (US$132 billion) of their wealth outside of their home country; the worldwide average is 20–30%.
• WealthInsight expects foreign asset holdings to increase to US$169 billion by 2018, accounting for 24.8% of the total HNWI assets.
• In 2013, Europe accounted for 49.2% of the foreign assets of Turkish HNWIs.
• It was followed by the Middle East with 18.7%, Asia-Pacific with 15.1%, North America with 9.0%, Latin America with 5.0% and Africa with 3.0%.
• Turkish HNWI allocations to Europe decreased compared with other regions during the review period, from 52.1% in 2009 to 49.2% in 2013. Latin America and Asia-Pacific were considered emerging regions in terms of global investment.
• Over the forecast period, WealthInsight expects HNWIs to reduce their level of investment in Europe to 47.1% of foreign HNWI assets by 2018, with investments decreasing due to growing confidence in Asian economies.”
