Targeting Non-Resident Indians in Wealth Management
Report
Targeting Non-Resident Indians in Wealth Management is a marketing resource from Datamonitor, a leading provider of online data, analytic and forecasting platforms for key vertical sectors. It helps 5,000 of the world's largest companies profit from better, more timely decisions.
Targeting NRIs in Wealth Management is Datamonitor's latest insight report on what is emerging as a ready-made wealth management segment globally. Building on the resources and expertise of Datamonitor's Global Wealth Service team, the report is rich in data and analysis, and provides in-depth and impartial market assessment, and competitor intelligence.
Scope
The report looks at the growing trend among financial institutions in targeting these individuals with wealth management products and services.
Datamonitor's Global Expatriate Study sizes the Indian population by country of domicile and provides a breakdown of wealth level.
The report analyses competitive dynamics in the NRI space across the globe.
Highlights
The largest NRI populations of the countries studied in the AP region are in Singapore and Australia, with 114,400 and 122,200 respectively. Australia is essentially a country of immigrants and it is therefore not surprising that it is home to large numbers of many different nationalities.
The concern over understanding tax implications associated with property investment was considered very or fairly important by an average of 77% of expatriate respondents across the UK, the UAE, Hong Kong and Singapore. Respondents in the UK and the UAE found it of most concern with 80% stating it was very or fairly important.
Like any potential wealth management client segment, NRIs have the potential to be demanding. They have with complex and differentiated needs related to the fact that they are outside of their country of origin. These complex needs present wealth managers with opportunities to target them with specific services.
Reasons to Purchase
This report is an indispensable guide to those looking to target non-resident Indians (NRIs) anywhere in the world.
With clear exposition of market opportunities and threats, the report is an effective aid for all parties in planning competitive strategy.
Find out how large the NRI population is globally and its breakdown by wealth level.