World Wealth Management Market Trends Canvassed by Verdict Retail in In-demand Report Available at MarketPublishers.com
08 Feb 2016 • by Natalie Aster
LONDON – The global wealth management has undergone huge transformation over the past few years. In the current post-financial crisis world, most big multinational players have undergone, or are still undergoing, considerable restructuring processes. The universal banking practices from the earliest times are diminishing, with a host of players taking steps back from investment banking. Meantime, banks now tend to more carefully select the methods of global expansion – no longer is it a case of the more nations the better. These days’ wealth managers are required to slim down and perfect their propositions. The former rich selection of the offshore wealth management sector is getting ever slimmer with the emergence of the Common Reporting Standards (CRS) released by the Organisation for Economic Co-operation and Development (OECD) in February 2014; meantime, the move towards commission bans is pushing the industry to a fee-based financial advice model. All that, along with advancements in the digital universe and fintech space disruption, indicates that wealth managers are being forced to rethink their strategy for delivering investment advice and who they deliver this advice to.
In-demand market research study “2016: Trends to Watch in Wealth Management” elaborated by Verdict Retail provides an unbiased analysis of wealth management marketplace globally. The report provides an understanding of the major developments emerging in the wealth management industry as well as how to respond to these changes in the best way. The publication offers a detailed examination of the developments across a range of key areas, encompassing the regulatory landscape, service & product trends, and asset allocation driving forces. It focuses on the influence of regulatory developments in the offshore market space, like the OECD’s Common Reporting Standards (CRSs) and Automatic Exchange of Information (AEOI).
Furthermore, the report reviews the consequences of the steady move towards commission bans in the markets of Canada, South Africa and Hong Kong. It assesses the impact of the digital disruption in the industry, specifically the advent of the automated advice space; examines the drivers for the wealth managers’ most selective approach to global expansion; reviews of the latest asset allocation trends; investigates the growing trend of reducing investment banking operations performed at universal banks along with the impact this is expected to have on the industry; reviews the competitive trends and provides a discussion of over 100 companies, etc.
2016: Trends to Watch in Wealth Management
Published: January, 2016
Price: US$ 7,995.00
More comprehensive reports by the publisher can be found at Verdict Retail page.