Ken research announced its recent publication on “Wealth in Switzerland: Sizing the Market Opportunity 2016,” offers insight on the Swiss wealth and retail savings and also its investments markets, with a focus on the HNW segment which is based on their proprietary datasets. The production particularly concentrates on asset classes which are favoured by Swiss investors and how their preferences influence the development of the total savings and investments market, Sizes the affluent market and shrewd examination of HNW clients’ attitudes towards non-liquid investments such as property and commodities furthermore identifies the key drivers and booking centers for offshore investments. The individuals who are seeking information on the share of their Swiss wealth market against the current market size and are keen to forecast their future growth prospects using our projections for the market to 2020. This report is a useful resource to solve many purposes.
Economy of Switzerland
The economy of Switzerland is one of the globe’s most stable economies. Its policy of long-term monetary security and political stability has made Switzerland a safe place for investors, creating an economy that is escalating dependent on a steady tide of foreign investment.
Switzerland has achieved one of the highest per capita incomes across the globe with low unemployment rates and a balanced budget. The service sector has also come to play a significant role in the economy. The Global Innovation Index has ranked the economy of Switzerland as the first in the world in the 2015.
The Swiss economy follows the typical First World model with respect to the economic sectors. A small minority of the workers are indulged in the major or agricultural sector which is 1.3% of the population, in 2006 amidst a larger minority is involved in the manufacturing sector that is 27.7% in 2012. The majority of the working population are involved in the services sector of the economy which is 71.0% in 2012.
In Switzerland, 88% of adults aged 25-64 have finished upper secondary education, higher than the OECD average of 76%. This is a fact of men than women, as 90% of men have successfully completed high-school contrasted with 86% of women. In terms of the quality of its educational system, the average student scored 518 in reading literacy, maths and science in the OECD’s Programme for International Student Assessment (PISA). This score is higher than the OECD average of 497. On average in Switzerland, girls outperformed boys by 5 points, less than the average OECD gap of 8 points.
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Ankur Gupta, Head Marketing & Communications