Indonesia's growing HNWIs present 'opportunity for wealth managers'

Pedro Gonçalves
clock • 2 min read

The number of wealthy individuals in Indonesia is set to grow in the next years, giving wealth managers a significant opportunity according to data and analytics firm GlobalData. The HNW population is expected to grow at an average of 7.7% annually over the next four years: from an estimated 40,400 in 2018 to 51,900 in 2022, said GlobalData in its report Indonesia Wealth Management: Opportunities and Risks to 2022. The number of mass affluent individuals - defined as those with liquid assets of $50,000 to $1m - has risen from 943,370 in 2014 to an estimated 1.3 million in 2018, repres...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now


Already a International Investment member?