United Arab Emirates (UAE) Wealth Management - Market Sizing and Opportunities to 2025

Based on the publisher's proprietary datasets, the “United Arab Emirates (UAE) Wealth Management - Market Sizing and Opportunities to 2025” report analyzes the Emirati wealth and retail savings and investments markets, with a focus on the HNW segment. This includes overall affluent market size (both by number of individuals and the value of their liquid assets). The report also provides analysis of the factors driving liquid asset growth, including a breakdown and forecast of total retail savings and investments split by asset classes including equities, mutual funds, deposits and bonds.

The UAE’s affluent segment (including HNWs and mass affluents) accounted for a mere 6.8% of the total population and held 81.5% of UAE’s total onshore liquid assets in 2020. The affluent segment holds the majority of their wealth in safe haven assets such as deposits followed by risky assets such as equities and mutual funds. Therefore, as the outbreak of the COVID-19 pandemic caused big downward shifts in the stock market performance of the country, thereby adversely affecting the returns of the affluent investors on this asset class, such losses were recovered in the second half of 2020 which saw an easing of lockdown restrictions and restarting of the economy. Nevertheless, a strong predicted retail investments growth is expected over the upcoming period, owing to an effective vaccine program which will raise investor confidence in the economic performance of the country. Further, the country’s savings and investments market is observing a growing preference for robo-advisory by the HNW investors. This demand has also been accelerated by the outbreak of the pandemic that has been a catalyst in increasing the use of digital products and services.

Scope

• HNW individuals constituted only 0.22% of the total adult population of the UAE in 2020.
• Advisory mandates accounted for 27.5% of total HNW portfolio composition in the UAE in 2020.
• Deposits remain the most popular investment avenue for the Emirati retail investors indicating their preference for safe haven investment asset classes.
• Bonds continued to form a small proportion (0.003%) of retail investment portfolios in 2020.

Reasons to Buy

• Make strategic decisions using top-level historic and forecast data on the UAE’s wealth industry.
• Identify the most promising client segment by analyzing the penetration of affluent individuals.
• Receive detailed insights into retail liquid asset holdings in the UAE.
• Understand the changing market and competitive dynamics by learning about new competitors and recent deals in the wealth space.
• See an overview of key digital disruptors in the country’s wealth market.