Abstract
Overview
Introduction
Targeting NRIs in Wealth Management is Datamonitor's latest insight report on
what is emerging as a ready-made wealth management segment globally. Building
on the resources and expertise of Datamonitor's Global Wealth Service team,
the report is rich in data and analysis, and provides in-depth and impartial
market assessment, and competitor intelligence.
Scope
- The report looks at the growing trend among financial institutions in
targeting these individuals with wealth management products and services.
- Datamonitor's Global Expatriate Study sizes the Indian population by
country of domicile and provides a breakdown of wealth level.
- The report analyses competitive dynamics in the NRI space across the globe.
Report Highlights
The largest NRI populations of the countries studied in the AP region are in
Singapore and Australia, with 114,400 and 122,200 respectively. Australia is
essentially a country of immigrants and it is therefore not surprising that it
is home to large numbers of many different nationalities.
The concern over understanding tax implications associated with property
investment was considered very or fairly important by an average of 77% of
expatriate respondents across the UK, the UAE, Hong Kong and Singapore.
Respondents in the UK and the UAE found it of most concern with 80% stating it
was very or fairly important.
Like any potential wealth management client segment, NRIs have the potential
to be demanding. They have with complex and differentiated needs related to
the fact that they are outside of their country of origin. These complex needs
present wealth managers with opportunities to target them with specific
services.
Reasons to Purchase
- This report is an indispensable guide to those looking to target
non-resident Indians (NRIs) anywhere in the world.
- With clear exposition of market opportunities and threats, the report is
an effective aid for all parties in planning competitive strategy.
- Find out how large the NRI population is globally and its breakdown by
wealth level.