“• Real estate was the largest asset class for Singaporean HNWIs in 2013, with 32.4% of total HNWI assets, followed by business interests with 24.8%, equities with 17.1%, cash and deposits with 10.4%, fixed-income with 10.1% and alternatives with 5.5%.
• Business interests, equities and real estate recorded the strongest growth during the review period, at 62.8%, 61.2% and 57.6% respectively.
• Alternative assets held increased from 5.4% of the total HNWI assets in 2009 to 5.5% in 2013.
• WealthInsight expects allocations in commodities to decline over the forecast period – to reach 1.4% of the total HNWI assets by 2018 – as global liquidity tightens due to a forecast near-term drop in the Chinese demand for raw materials. This will cause global commodity prices to level out.
• Singaporean HNWI liquid assets amounted to US$279.6 billion in 2013, representing 37.3% of wealth holdings.”
