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Look Towards A New Future

Apr 9, 2012

Trends to Watch in Global Wealth Management 2012

Datamonitor's 2012: Trends to Watch in Global Wealth Management provides in-depth forward-looking analysis of six of the biggest trends in global wealth management as well as a review of the industry in 2011. These trends are accompanied by industry examples and where possible best practice solutions suggesting how to react to the trends.

Your key questions answered
  • What will be the major trends affecting global wealth management in 2012?
  • How will the seven regional wealth markets perform compared to each other?
  • How are wealth managers adapting to an increasingly regulated industry?
  • What is the future for offshore banking?
  • What geographies experienced the most M&A activity, product innovation, and staffing changes in 2011?

Global Wealth Management Market

Published: March 2012
No. of Pages:97
Price: Single User License: US$ 5250     Corporate User License: US$13125

 

Table Of Contents

OVERVIEW

Catalyst
Summary
Methodology

EXECUTIVE SUMMARY
2011 was characterized by macroeconomic instability, leading to declines in global wealth
Regulation and tax posed challenges to the wealth management industry
Competitive trends were dominated by product innovation and customer targeting in 2011
Trends to watch in 2012
Trend one: continuing economic instability will result in a volatile outlook for global wealth management
Trend two: the global wealth market will still be dominated in broad terms by mature markets, but emerging markets will continue to erode their dominance
Trend three: offshore banking will continue to falter under regulatory pressure, but will also benefit from political instability
Trend four: the approach to and the composition of the wealth management product mix will change
Trend five: the quest for transparency and compliance will continue to encourage pricing and fee management innovation
Trend six: new channels will transform how wealth managers communicate and conduct business with their clients

INTRODUCTION
Methodology

2011 IN REVIEW
2011 was characterized by macroeconomic instability, leading to declines in global wealth
The eurozone sovereign debt crisis impacted on the global wealth market
The Australian economy rebounded strongly from floods and cyclones in early 2011
The Brazilian economy grew less than expected in 2011
The Chinese economy continued to grow at a high rate, but internal fiscal weaknesses began to appear
The German economy survived on strong fundamentals in 2011
The Indian economy was the largest recipient of remittances in the world in 2011
The UK economy was dragged down by low consumer demand and high unemployment
The US economy was marred by prevailing volatility but made a slight recovery in Q4 2011


TRENDS TO WATCH IN 2012
Introduction
Trend one: continuing economic instability will result in a volatile outlook for global wealth management
The eurozone crisis will continue to plague the financial services industry
The Australian economy is susceptible to an Asian slowdown, but strong consumer demand will persist
Brazil is continuing to develop the competitiveness of its economy
The Chinese economy is slowing down, but from a high growth rate
Germany reduced its growth forecast for 2012
India has to resolve domestic issues quickly
The current positive signs in the UK economy mask fundamental issues
The US has seen unexpected growth in domestic demand