Asset Allocation: Canada

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Asset Allocation: Canada

Even though specific information on asset allocation for Ultra High Net Worth Individuals (UHNWI) in Canada was unavailable in the public domain, we were able to find a significant amount of information on the asset allocation for High Net Worth Individuals (HNWI) in Canada. For instance, HNWI in Canada allocate various percentages of their assets to investments in real estate, hedge funds, derivatives, foreign currency, private equity, cash and fixed-income, and equities. Further details in regard to our findings and research strategies follows below.

ASSET ALLOCATION OF HIGH NET WORTH INDIVIDUALS IN NORTH AMERICA

  • In 2018, the asset allocation of High Net Worth Individuals (HNWI) in North America was segmented as follows:
  • The above general asset allocation of HNWI in North America paints a picture of what HNWI individuals in North American countries (including Canada) invest their assets on.

ASSET ALLOCATION OF HIGH NET WORTH INDIVIDUALS IN CANADA

RESEARCH STRATEGY:

We started research by looking for information on the asset allocation of Ultra High Net Worth Individuals (UHNWI) in Canada in a variety of credible resources that in our first strategy were press release websites like PR Newswire, GlobeNewswire, Business Wire, Newswire, and PRWeb. Through this strategy, we were able to find a report on Business Wire titled "Canada Wealth Report 2016 — Research and Markets" that contained information on HNWI and UHNWI asset allocations across 13 asset classes. Unfortunately, this report was hidden behind a paywall and we were unable to derive any useful information from it.

In our second strategy, we targeted industry/market specific resources in our search for the required asset allocation information for UHNWI in Canada. These resources included the Wealth Management, Globe and Mail, Investopedia, KKR, Hawk Eye Wealth, Global Data, LinkedIn among others. However, after a thorough search through these resources, we were only able to find information on HNWI in Canada, global HNWI asset allocation, and the previous report on UHNWI in Canada that we found using the first strategy above (this report was again limited by a paywall).

Consequently, we decided to expand our research to statistical — Statista and IBIS World, news — Financial Post, Bloomberg, and Canadian Business, and consulting firm resources — KPMG, Deloitte, McKinsey, Bain and Company, and Boston Consulting Group. After a thorough search for the required information through these resources, we were only able to identify general information on wealth management and information of HNWI.

Because it was recommended in the research criteria that if the information on UHNWI in Canada was unavailable we could focus on HNWI in Canada, that is what we did. After using the research strategies highlighted above, we were able to find a significant amount of insightful information that we have presented in the findings section above. Additionally, we also applied the above strategies in our search for specific information on asset allocation for venture capital and technology for both the UHNWI and HNWI in Canada, but unfortunately, nothing that relates to these investment avenues was available in the public domain.
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