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HNWI IN SINGAPORE WEALTH MANAGEMENT INDUSTRY - TRENDS, ANALYSIS AND FORECAST (2010 – 2015). Markets & Markets – Analyst Briefing Research Analyst : Anurag Singh. About Us. What M&M can do for the clients Key deliverables– can M&M meet your expectations? Writing bulk market reports
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HNWI IN SINGAPORE WEALTH MANAGEMENT INDUSTRY - TRENDS, ANALYSIS AND FORECAST (2010 – 2015) Markets & Markets – Analyst Briefing Research Analyst : Anurag Singh
About Us • What M&M can do for the clients • Key deliverables– can M&M meet yourexpectations? • Writing bulk market reports • Handling consulting assignments • Conducting technical research • Support database development • Flexible business model – M&M value proposition • M&M Market Reports – A quick insight • M&M market research reports snapshot • M&M research reports have a worldwide market share of 16.6% • Comparison of M&M reports with third-party reports • M&M market reports – types and categories • Market intelligence repository – research store of 120 full-length,strategic, and global reports • M&M industry experts with experience from renowned publishers • Market numbers – M&M reports provide 100+ market data tables • Five-level market breakdown • Business leader insight – competitive landscape • High level analysis • Matching standards- in-house publishing. • About M&M • M&M history • M&M services • Secondary research sources and tools (partial list) • M&M confidentiality management system
Agenda for the Briefing • A brief overview of HNWI population and wealth in Singapore • To get an overview of the needs and demands of HNWI in Singapore • To get an understanding of the factors driving wealth in Singapore • To analyze various trends of HNWI investment in Singapore • To analyze various challenges faced by wealth management firms • Winning imperatives for wealth managers
Overview of HNWI Population &Wealth in Singapore • The wealth of HNWIs in Singapore is growing at 35.6%, whereas wealth of HNWIs is growing at 17.1% globally and 25.8% in APAC • The population of HNWIs is growing at 35.6% in Singapore whereas it is growing at 18.9% globally and 30% in APAC • As the economic conditions are improving it is expected that the wealth of Singapore’s HNWIs will grow by a CAGR of 16%, reaching close to $900 billion by 2015
Needs and Demands of HNWI in Singapore HNWI demands frequent interaction with their wealth managers HNWI demand is increasing for low risk products after the economic turmoil HNWI needs and demands vary depending on how they have accumulated wealth
Factors Driving the Wealth of HNWI in Singapore Major factors driving the wealth of HNWI in Singapore are as follows: • Real GDP growth rate • Household savings rate • Domestic market capitalization
Trends of HNWI Investment in Singapore • Equities still a favorite investment asset class for HNWI in Singapore • HNWI are dependent on financial advisors for taking investment decision • Past performance of products is one of the most important criteria for selecting wealth managers • Failure to understand their requirements is one of the major reasons for HNWI changing their wealth managers
Challenges Faced by Wealth Management Firms • Regulatory changes and rising compliance cost • Regaining client trust and confidence • Customer retention a big challenge • Stock market volatility
Winning Imperatives for Wealth Managers • Expertise in third party and in-house products • Effective CRM solutions • Client serving model
M&M Contact Details • For queries on HNWI in Singapore Wealth Management Industry • Please contact us on anurag@marketsandmarkets.com • The recent M&M reports in the BFS domain are on the following topics: • HNWI of Indian Wealth Management Industry – Trends, Analysis And Forecast (2010-2015) • Post Crisis Changes in Mortgage Lending in U.S. – Forecast & Analysis, 2010-2015 • Mobile Payment Technology (Near Field Communication) - Remote and Proximity M-payments Market Forecast (2010 – 2015) • Merchant Remote Deposit Capture (RDC) – Increasing Adoption • To let us know about any other topics you may be interested in please visit our website • www.marketsandmarkets.com • Or email us on sales@marketsandmarkets.com for sales queries or new topics. • Telephone: 1-888-600-6441