This report is the result of WealthInsight’s extensive research covering the high net worth individual (HNWI) population and wealth management market in South Africa.
In 2013,
· equities were the largest asset class for South African HNWIs, with 27.1% of total HNWI assets.
· This was followed by real estate with 26.3%;
· business interests with 14.7%;
· cash and deposits with 12.6%;
· fixed-income with 11.5%; and
· alternatives with 7.8%.
Alternatives, equities and business interests recorded growth at respective review-period rates of 58%, 58% and 46%.