Report Published: "Challenges and Opportunities for the Wealth Sector in Colombia 2014"

From: Fast Market Research, Inc.
Published: Wed Jan 14 2015


* This report is the result of WealthInsight's extensive research covering the high net worth individual (HNWI) population and wealth management market in Colombia.
* The report focuses on HNWI performance between the end of 2008 (the peak before the global financial crisis) and the end of 2013. This enables us to determine how well the country's HNWIs have performed through the crisis.

Report Highlights

* At the end of 2013, Colombian HNWIs held 35.1% (US$54 billion) of their wealth offshore, compared to 37.3% (US$30 billion) in 2009.
* WealthInsight expects foreign asset holdings to reach US$68 billion by 2018 when they will account for 32.3% of total HNWI assets.
* In 2013, Latin America made up 53.1% of the foreign assets of Colombian HNWIs. This was followed by North America (including the Caribbean) with 22.1%, Asia-Pacific with 12.1%, Europe with 9.3%, Africa with 2.2% and the Middle East with 1.2%.
* Funds allocated to the rest of Latin America increased substantially during the review period, from 43.3% of foreign HNWI assets in 2009 to 53.1% in 2013 as Colombian HNWIs moved more funds into high-growth markets such as Peru and Chile.
* Over the forecast period, HNWIs are expected to increase their levels of investment in South America to 58.7% of foreign HNWI assets by 2018, with investments increasingly being diverted to emerging economies.

Full Report Details at
- http://www.fastmr.com/prod/943104_challenges_and_opportunities_for_the_wealth.aspx?afid=301

Report Scope

* Independent market sizing of Colombia HNWIs across five wealth bands
* HNWI volume and wealth trends from 2009 to 2013
* HNWI volume and wealth forecasts to 2018
* HNWI and UHNWI asset allocations across 13 asset classes
* Number of UHNWIs in each state and all major cities
* Fastest growing cities and states for UHNWIs (2009-2013)
* Insights into the drivers of HNWI wealth

Reasons to Get this Report

* The Challenges and Opportunities for the Wealth Sector in Colombia 2014 is an unparalleled resource and the leading resource of its kind. Compiled and curated by a team of expert research specialists, the database comprises dossiers on over 60,000 HNWIs from around the world.
* With the wealth reports as the foundation for our research and analysis, we are able obtain an unsurpassed level of granularity, insight and authority on the HNWI and wealth management universe in each of the countries and regions we cover.
* Report includes comprehensive forecasts to 2018.

Companies Mentioned in this Report: Bancolombia, Corporacion Financiera Colombiana, Davivienda, BBVA, Banco de Occidente, Banco GNB Sudameris, Helm Bank, Bancoldex, Banco AV Villas, Banco Popular

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

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Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001

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