Real Estate was the Largest Asset Class for Australian HNWIs in 2013

Date: 2015-08-30

“• Real estate was the largest asset class for Australian HNWIs in 2013, representative of 28.2% of total HNWI assets, followed by business interests with 24.2%, equities with 17.2%, cash and deposits with 11.8%, fixed-income with 11.0% and alternatives with 7.5%.

• Equities, alternatives and real estate recorded growth at respective review-period rates of 114.7%, 108.2% and 106.1%. 

• Alternative assets held by Australian HNWIs increased during the review period, from 7.2% of total HNWI assets in 2009 to 7.5% in 2013. 

• Allocations in commodities are expected to decline over the forecast period, going to 1.8% of total HNWI assets by 2018 as global liquidity tightens. This is due to a forecast near-term drop in demand from China for raw materials, which will cause global commodity prices to flatten out.

• Australian HNWI liquid assets amounted to US$359.8.2 billion in 2013, representing 40.1% of wealth holdings.

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