Introduction
Analyses the opportunities for wealth managers in South East Asia, focusing on India, Malaysia
and Thailand. The report covers macroeconomic drivers, investor tendencies, offshore preferences,
competitive landscapes and forecasts through 2008.
Scope of this report
- Macroeconomic and savings and investment data drawn from sources like the Reserve Bank of India,
Bank Negara Malaysia and the Bank of Thailand
- Insight into the South East Asian financial services market obtained through in-depth interviews
with the main wealth managers and private bankers
- Sizing and forecasting of mass affluent and high net worth individuals generated from
Datamonitors proprietary Global Wealth Model
Research and analysis highlights
In the view of many in India there is a challenge of client education that must be addressed
going forward. The primary area of concern is in equity investment and the need to invest long-term
rather than short-term. This is not a problem that is confined to India, many other countries around
the globe have similar problems.
The majority of Malaysian companies targeting affluent individuals are competing in the mass
affluent segment and have relatively simplistic product and service propositions.
The provision of specialist services in Thailand for affluent individuals seems to be the
exception rather than the rule. Of the major domestic banks, only Thai Military Bank, Bangkok Bank
and Krung Thai Bank have an affluent offering outside of their normal retail banking services.
Key reasons to read this report
- This report forecasts the market to 2008, allowing competitors to plan strategies on the basis
of detailed market information
- Allows wealth managers to monitor threats and opportunities posed by their main competition
- Helps competitors plan products and services by giving key information on their customers
financial services preferences
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