Introduction
Datamonitor's Wealth Management in Hong Kong 2007 focuses on the onshore liquid wealth of mass affluent and high net worth customers in Hong Kong. It provides detailed analytical views of macro-economic background, retail savings and investments, mass affluent and high net worth individuals, competitive dynamics, customer preferences and forecasts.
Scope
Data from Datamonitor's Global Wealth model on the number of wealthy individuals and their aggregate onshore liquid assets from 2002-11 Segmentation of the wealth data across 14 liquid asset bands starting at USD60k through USD10m Retail S&I data from 2002-6 across four liquid asset classes including deposits, mutual funds, equities and bonds. Highlights of the main wealth managers in the market, including both local and foreign players; presents brief profiles of some of the main players
Highlights
Hong Kong was hit hard between the 2001-03 period, feeling the effects of the global downturn and technology crash, and suffering from the outbreak of Severe Acute Respiratory Syndrome. From 2004- 2006, Hong Kong's economy has performed particularly well. Onshore retail liquid assets in Hong Kong have increased strongly in the last five years, with the majority of savings in deposits. However retail mutual fund investments increased strongly and direct equity investment were popular. The retail bond market remained relatively small. There were more than 1.1 million wealthy individuals in Hong Kong in 2006 holding USD372bn in onshore liquid assets; by 2011 there will be more than 1.7 million wealthy individuals living in Hong Kong.
Reasons to Purchase
Assess market attractiveness by reviewing size and growth forecasts for the potential wealthy client base through 2011 Use the detailed liquid asset customer segmentation to analyse your key customer groups Assess the threats and opportunities for wealth managers and ascertain who the key competitors are within the industry