LONDON--(BUSINESS WIRE)--As of 2011, there are 626 ultra high net worth individuals (UHNWIs) in Indonesia. While Jakarta is home to the largest number of UHNWIs, (55% or 345), there are also sizable UHNWI populations in Bali, Surabaya, Bandung and Medan. Indonesia’s female UHNWIs make up 8.3% of the total UHNWIs in the country (or 52 female UHNWIs), a figure below the worldwide average of around 20%.
Due to reasons like tax avoidance and risk diversification, as well as higher product sophistication across the straits, a bulk of local wealth is presently held offshore, mostly in private banks of Singapore.
New market research report “Ultra HNWIs in Indonesia 2012” elaborated by WealthInsight provides an unsurpassed level of insight into the HNWI and wealth management universe in Indonesia.
The study provides historical trends (2007-2011) and projections (up to 2016) of the volume and wealth of Indonesian UHNWIs, to further review these findings in an analysis of the local wealth management and private banking sector. Additionally, the profiles of leading private banks, wealth managers and family offices in Indonesia are also included.
Companies mentioned in the report include: Bank Capital, Bank DBS Indonesia, Bank Mandiri, Bank Windu, Citibank Indonesia, Credit Suisse, JPMorgan Chase, Julius Baer, Merrill Lynch, and UBS.
Report Details:
Title: Ultra HNWIs in Indonesia 2012
Published: October, 2012
Pages: 86
Price: US$ 3,495.00
More Studies on Indonesia Wealth Sector & HNWIs by WealthInsight Include:
- HNWI Asset Allocation in Indonesia 2012
- High Net Worth Trends in Indonesia 2012
- Challenges and Opportunities for the Wealth Sector in Indonesia 2012
More new market research studies by WealthInsight can be found at http://marketpublishers.com/members/wealthinsight/info.html