Abstract
Overview
Introduction
There are conflicting views among wealth managers and economists, as well as
in the media, about the extent and duration of sub-prime mortgage defaults and
the resulting credit squeeze. Datamonitor predicts that the impact on
financial services will be significant, and will last through 2009. We have
produced a series of reports to identify the strategies to help them insulate
their revenues.
Scope
- Introduces Datamonitor' s detailed analysis of the global investment
markets through 2011;
- identifies the products and services that will keep and/or attract clients
in today' s market, including examples of the companies launching them;
- assesses the smart strategies around marketing, communications and product
development.
Report Highlights
Datamonitor forecasts that US stock markets will decline in 2008 and 2009, and
that the rest of the world' s stock markets will be impacted-both because a US
stock market decline will trigger sell-offs, and because the US economy is
inextricably linked with the rest of the world, through trade, and through
dollar-pegged currencies.
Despite competition from alternative instruments, deposits will continue to
dominate retail savings and investments portfolios and, in the current
climate, opportunities for banks will abound. In the UK, following a slight
proportional decline in 2007, deposits will account for half of all retail
savings and investments in 2008.
Already, there are indications that there has been some easing of self-imposed
restrictions on interbank lending. Astute consumers will take note of these
developments and look for opportunities to lock up higher rates.
Reasons to Purchase
- Learn what the global investment markets have in store for savings
providers through 2009, and why.
- Identify the strategies that will keep your customers through concrete
examples of peers that are implementing those strategies already.
- Identify the best products and services to launch, or re-launch, in
today' s market, and those that will best position you during the recovery in
2010