Global Wealth Predictions 2005 provides Datamonitor's definitive view on the direction of the global wealth management market for the year ahead. Using the Wealth Team's extensive knowledge, supported by interviews with leading industry executives, this report sizes and forecasts the global markets for wealth before outlining what's in store for wealth management in 2005.

• Analyses the growth in the European, Asian, US and Central and Eastern European wealth markets (HNW and MA) and provides forecasts to 2008
• Provides Datamonitor's top predictions for the global wealth management market in 2005
• Utilizes Datamonitor's proprietary Global Wealth Model, the Wealth Team's extensive knowledge, and interviews with leading industry executives

Datamonitor expects to see a number of partnerships developing over the course of the next couple of years between local banks in the underdeveloped markets such as India, China and Thailand for example, and multi-manager specialists such as Russell and MLC.

An online offering will have a highly useful role to play in providing greater information flow and ensuring that private clients have a full and timely picture of their investment and tax situation on which to base their decisions. This in itself will act as a key differentiator in an increasingly competitive private banking marketplace.

The Chinese wealth market is still in a very nascent state and very few wealth management offerings are currently present. While this suggests first mover advantage, the lack of sophistication of Chinese investors makes the provision of a dedicated wealth service seem unnecessary for all but a small percentage of individuals.

• Use Datamonitor's market sizing and forecasts to gauge wealth potential across the world and to assist strategic planning
• Foresee potential obstacles and opportunities through 2005 market predictions
• Identify what your competitors have been up to over the past year and their plans for 2005