Market Research Report
Wealth in the UK: HNW Investors 2018
|Published by||GlobalData||Product code||356913|
|Published||Content info||57 Pages
Delivery time: 1-2 business days
|Wealth in the UK: HNW Investors 2018|
|Published: September 12, 2018||Content info: 57 Pages||
The UK's wealth market is established and already home to a large number of international and local providers that offer a wide array of private banking products, providing HNW investors with relatively little incentive to offshore their fortunes and, indeed, attracting a great deal of foreign wealth. While the well-developed nature of the UK's wealth market has resulted in few new entrants targeting HNW investors over the past few years, its unique characteristics provide significant opportunities for wealth managers willing to seize them.
Intergenerational wealth transfer will be a big source of new business over the coming years, as will tax planning - with both requiring professional advice and planning. One of the main challenges is an increase in demand for both advisory and automated solutions, indicating a shift away from an industry with a traditionally strong preference for discretionary mandates. Brexit and related volatility are likely to shift HNW asset allocations in the UK, but will have limited impact on the country's cross-border attractiveness as a destination for HNW wealth.
"Wealth in the UK: HNW Investors 2018", report analyzes the investing preferences and portfolio allocation of British HNW investors.