Market Research Report
2018: Trends to Watch in Global Wealth Management
|Published by||GlobalData||Product code||350784|
|Published||Content info||69 Pages
|2018: Trends to Watch in Global Wealth Management|
|Published: January 18, 2018||Content info: 69 Pages||
Regulation, innovation, and intergenerational change will be key items on wealth managers' agenda in 2017. Compliance with the now in-force Common Reporting Standard (CRS) and Markets in Financial Instruments Directive II (MiFID II) will be as crucial as responding to shifting client demographics and changes to the investment landscape, fueled by cryptocurrencies growth and central banks revising monetary policies. In this environment, striking the right balance between retaining existing clients and hunting for new ones will bekey.
Key findings include in this report -
Educating clients about risks and preparing them for market shocks remain fundamental to client retention, regardless of how affluent or sophisticated they are.Preparing for millennials and younger generations coming into wealth is essential to ensure sustainable business growth. This requires managers to reach out to and build relationships with the youth in an appropriate way and at the appropriate time, in addition to providing innovative products.
The report "2018: Trends to Watch in Global Wealth Management", informs wealth managers and their strategy teams of the key developments emerging across the industry - and how best to respond to these changes. The report examines in detail key areas such as regulation, customer targeting, and product and service provision, with analysis supported by findings from GlobalData's propriety surveys of wealth managers and investors.
Specifically the report -
Companies mentioned in this report: Acorns, Active Allocator, Aviva, Barclays, BearingPoint, Betterment, Blackrock, BNP Paribas, BrickX, Carmignac, Charles Schwab, Citigroup, Cordium, Credit Agricole, Credit Suisse, Deka, Deutsche Bank, Fidelity International, Gambit, Goldman Sachs, Gowling WLG, Hargreaves Lansdown, HNW Lending, ICICI Bank of India, IHS Markit, Lloyds Bank, Maecenas, Moneybox, Morgan Stanley, Nutmeg, Revolut, Scalable Capital, St. James's Place Wealth Management, State Street, Stockspot, Tobam, UBS, US Bank, Vanguard, Wealthify, Wealthsimple, Wells Fargo, Westpac.