Abstract
Overview
Introduction
Will include the impact of: business/ entrepreneurial activity as the key
source of new wealth creation; the rise of large economies such India and
China in the global wealth stakes; and the widespread achievement of
"affluence" in many economies. The crux of the report will be to draw out
strategic implications for wealth managers and understand the winning business
models of the future.
Scope
- Assesses key emerging markets' potential such as China and India
- Predicts key product and service developments such as lending and client
ownership
Report Highlights
India will become a highly important market for wealth management because
wealth managers both domestic and international are able to establish the
beginnings of a market with few obstacles, relative to the other emerging
markets. Where there are regulatory restrictions, these are less problematic
than those in China or the Middle East.
It is highly likely that over the next 20 years, wealth management will
witness significant developments in the way that clients are segmented.
Following from this, client service will change to complement the shift in
emphasis, as factors other than the level of the client's wealth are taken
into consideration.
Datamonitor research indicates that there are significant benefits in the area
of liability management for the wealthy, and that the importance of liability
management as part of wealth management will inevitably grow over the next 20
years, until it becomes a key service area.
Reasons to Purchase
- Understand the long term trends within the wealth management industry
- Identify areas for business development based on anticipated growth