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United Kingdom (UK) Wealth Management - Market Sizing and Opportunities to 2026

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    Report

  • 39 Pages
  • August 2022
  • Region: United Kingdom
  • GlobalData
  • ID: 5661507
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Based on our proprietary datasets, the publisher's “UK Wealth Management: Market Sizing and Opportunities 2026” report analyzes UK's wealth and retail savings and investments markets. 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.

UK's affluent segment (including HNWs and mass affluents) accounted for 34.9% of the total population and held 91.1% of UK's total onshore liquid assets in 2021. Economic recovery in 2021 resulted in a rebound in stock market valuations. Consequently, individuals who invested some portion of their wealth in equities and mutual funds were able to recover the losses they incurred in 2020. As a result, affluent individuals' liquid assets are predicted to have risen by 7.5% in 2021, while the liquid assets of HNWs grew by 11.0%. Deposits account for the largest share of the UK retail savings and investment portfolio, constituting more than 46% of overall balances. Between 2022 and 2026, we expect the retail savings and investments market to record a compound annual growth rate (CAGR) of 5.9%. This will mainly be driven by mutual funds, which are forecast to expand at a CAGR of 9.0% over 2022-26. Robo-advice accounts for 11.3% of the UK HNW portfolio. The market for robo-advisory services is growing in the HNW space in UK, with multiple wealth managers entering the space.

Scope

  • HNW individuals constituted only 0.82% of the total adult population of UK in 2021.
  • Discretionary mandates dominate the UK HNW wealth market.
  • Deposits remain the most popular investment avenue for UK individuals, indicating their preference for safe-haven investment asset classes.
  • Bonds continued to form a small proportion (0.5%) of retail investment portfolios in 2021.

Reasons to Buy

  • Make strategic decisions using top-level historic and forecast data on UK'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 UK.
  • 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.

Table of Contents

  • The UK Wealth Market
  • Investor Insights
  • Resident Savings and Investments
  • Digital Disruptors
  • Recent Deals
  • Appendix

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Bank of England
  • LGT
  • AstraZeneca
  • Shell
  • BP
  • The Investment Association
  • Moneyfarm
  • Nutmeg
  • Moneybox
  • London & Capital
  • Pires Investments
  • Debite FS
  • Integrity Wealth Solutions