Now Available: Challenges and Opportunities for the Wealth Sector in Singapore
08.02.2012 18:56:24 - Recently published research from WealthInsight, "Challenges and Opportunities for the Wealth Sector in Singapore", is now available at Fast Market Research
(live-PR.com) - This report is a thorough analysis of Singapore's Wealth Management and Private Banking sector, and the opportunities and challenges that it faces. In addition to providing a comprehensive and robust background of the Singapore economy, including, uniquely, detailed analysis of economic and political risks to HNWI wealth creation, the report provides robust projections of the volume and wealth of Singapore's
HNWI.
Key Highlights
* The Asia-Pacific wealth management sector (excluding Japan and Australia) grew from assets under management (AuM) of US$650 billion in 2007 to over US$1.3 trillion in 2011. Singapore on its own constitutes 30% of this figure with AuM of over US$550 billion.
* Singapore is the second-largest offshore private banking center in the world, after Switzerland.
* By 2015, Singapore is expected to gain significant ground on Switzerland. This will be fueled by Asia-Pacific HNWIs and by an increasing number of global clients moving their offshore funds from other jurisdictions to Singapore.
* Singapore has positioned itself as the region's leading financial center and is the prime candidate to take advantage of the large capital flows that are expected to flow into China, India and Indonesia over the forecast period.
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Full Report Details at
- www.fastmr.com/prod/329019_challenges_and_opport ..
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Scope
The report features:
* Independent market sizing of Singapore's HNWI
* Details of the development, challenges and opportunities of the Wealth Management and Private Banking sector in Singapore
* Current insights into the drivers of HNWI wealth
* Family office information
Reasons to Purchase
* The WealthInsight Intelligence Center Database is an unparalleled resource and the leading resource of its kind. Compiled and curated by a team of expert research specialists, the Database comprises up to one hundred data-points on over 100,000 HNWI, private banks, wealth managers and family offices around the world. With the Database as the foundation for our research and analysis, we are able obtain an unsurpassed level of granularity, insight and authority on the HNWI and wealth management universe in each of the countries and regions we cover.
* Comprehensive forecasts to 2015.
* Asia is the fastest growing region in the world in terms of wealth. Financial centres such as Singapore and Hong Kong are ideally located to benefit from this new wealth.
Companies Mentioned in this Report: American Express Bank, ANZ Bank, Bangkok Bank, Bank of America, Bank of China, Bank of East Asia, Bank of India, Bank of Tokyo-Mitsubishi, BNP Paribas Singapore, Calyon, Citibank Singapore, Hong Leong Bank Berhad, HSBC Singapore, ICICI Bank, Indian Overseas Bank, MayBank, PT Bank Negara Indonesia, RHB Bank Berhad, JPMorgan Chase, Goldman Sachs, Standard Chartered, State Bank of India, Bank of Singapore, DBS Bank, Far Eastern Bank, Oversea-Chinese Banking Corp, Singapore Island Bank, The Islamic Bank of Asia, United Overseas Bank, Asiaciti Trust Singapore, ATC Trustees (Singapore), Citco Singapore, Credence Trust (Singapore), DBS Trustee, EFG Trust Company (Singapore), Galaxias Fiduciary Services, Scotia capital, Tricor Singapore, Trust Co (Asia), Asia Fund Services, ANZ-OCBC Bank, Islamic Bank of Asia, Financial Alliance, Henley Group, Meyado, Pacific Asset Management, Prime Partners, Theoria Capital Management, Tradition Singapore, Vickers Ballas, Alta Advisers, Finova, GS Wealth, Hans Rausing, IIFL Asia, Jordans, Makara Capital, Tano Capital, Swiss-Asia, NQ International, OAKS Family Office, Tano Capital, Tao Trust Group, Trident Trust Company, Unigestion, VP Bank-Singapore, Wynnes Family Office, Nean Wealth Advisors Ltd
Partial Table of Contents:
1 Introduction
1.1 What is this Report About?
2 Wealth Sector Fundamentals
2.1 Political Background of the Wealth Sector
2.2 Economic Background to the Wealth Sector
2.3 Benchmarking Singaporean Wealth in Context
2.3.1 Distribution of wealth
3 Competitive Landscape of the Wealth Sector
3.1 Competitive Structure
3.1.1 Wealth management and private banking industry - competitive structure
3.1.2 Multinational banks
3.1.3 Local banks
3.1.4 Wealth managers
3.1.5 Private banks
3.1.6 Mergers and joint ventures
3.1.7 Boutique and independent financial advisors
3.1.8 Private trusts
3.2 Family offices
3.2.1 Multi-family offices
3.2.2 Single-family offices
3.3 Leading Companies in the Wealth Management and Private Banking Industry
3.4 Singapore: An International Offshore Hub
3.5 Islamic banking: A Topic of Discussion
3.6 Singapore Wealth Management and Private Banking Industry - Behavioral Mapping
3.7 Challenges and Opportunities for the Wealth Sector in Singapore
3.7.1 Regulatory environment
3.7.2 Tax structure
3.7.3 Human resource availability for the wealth management industry
3.7.4 Philanthropy
3.7.5 Demand for intergenerational wealth transfer and younger clientele
4 Appendix
4.1 Pertinent Regulations
4.1.1 Regulations on banks
4.1.2 Regulations related to Islamic banking
4.1.3 Regulations related to capital requirements on banks
4.1.4 Regulations related to taxes
4.1.5 Regulations related to taxes on capital gains
4.1.6 Regulations related to taxes on start-ups
4.1.7 Regulations related to taxes on fund management activities
4.1.8 Regulations related to fund management
4.1.9 Regulations related to real estate
4.1.10 Regulations related to the real estate business of a bank
4.1.11 Regulations related to foreign investment
4.1.12 Regulations related to capital investment
4.1.13 Regulations related to private equity (PE) and venture capital investment (VC)
4.1.14 Regulations related to hedge funds and fund management
4.1.15 Regulations related to hedge fund subscription requirement
4.1.16 Regulations related to investment and employment in Singapore
4.2 Key Economic Trends and Drivers
4.2.1 SG$ to US$ moving annual average exchange rate
4.2.2 Real GDP growth
4.2.3 Per capita GDP
Full Table of Contents is available at:
-- www.fastmr.com/catalog/product.aspx?productid=32 ..
View more research from WealthInsight at www.fastmr.com/catalog/publishers.aspx?pubid=103 ..
About Fast Market Research
Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available.
For more information about these or related research reports, please visit our website at www.fastmr.com or call us at 1.800.844.8156.
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Key Highlights
* The Asia-Pacific wealth management sector (excluding Japan and Australia) grew from assets under management (AuM) of US$650 billion in 2007 to over US$1.3 trillion in 2011. Singapore on its own constitutes 30% of this figure with AuM of over US$550 billion.
* Singapore is the second-largest offshore private banking center in the world, after Switzerland.
* By 2015, Singapore is expected to gain significant ground on Switzerland. This will be fueled by Asia-Pacific HNWIs and by an increasing number of global clients moving their offshore funds from other jurisdictions to Singapore.
* Singapore has positioned itself as the region's leading financial center and is the prime candidate to take advantage of the large capital flows that are expected to flow into China, India and Indonesia over the forecast period.
------------------------------------------------------------
Full Report Details at
- www.fastmr.com/prod/329019_challenges_and_opport ..
------------------------------------------------------------
Scope
The report features:
* Independent market sizing of Singapore's HNWI
* Details of the development, challenges and opportunities of the Wealth Management and Private Banking sector in Singapore
* Current insights into the drivers of HNWI wealth
* Family office information
Reasons to Purchase
* The WealthInsight Intelligence Center Database is an unparalleled resource and the leading resource of its kind. Compiled and curated by a team of expert research specialists, the Database comprises up to one hundred data-points on over 100,000 HNWI, private banks, wealth managers and family offices around the world. With the Database as the foundation for our research and analysis, we are able obtain an unsurpassed level of granularity, insight and authority on the HNWI and wealth management universe in each of the countries and regions we cover.
* Comprehensive forecasts to 2015.
* Asia is the fastest growing region in the world in terms of wealth. Financial centres such as Singapore and Hong Kong are ideally located to benefit from this new wealth.
Companies Mentioned in this Report: American Express Bank, ANZ Bank, Bangkok Bank, Bank of America, Bank of China, Bank of East Asia, Bank of India, Bank of Tokyo-Mitsubishi, BNP Paribas Singapore, Calyon, Citibank Singapore, Hong Leong Bank Berhad, HSBC Singapore, ICICI Bank, Indian Overseas Bank, MayBank, PT Bank Negara Indonesia, RHB Bank Berhad, JPMorgan Chase, Goldman Sachs, Standard Chartered, State Bank of India, Bank of Singapore, DBS Bank, Far Eastern Bank, Oversea-Chinese Banking Corp, Singapore Island Bank, The Islamic Bank of Asia, United Overseas Bank, Asiaciti Trust Singapore, ATC Trustees (Singapore), Citco Singapore, Credence Trust (Singapore), DBS Trustee, EFG Trust Company (Singapore), Galaxias Fiduciary Services, Scotia capital, Tricor Singapore, Trust Co (Asia), Asia Fund Services, ANZ-OCBC Bank, Islamic Bank of Asia, Financial Alliance, Henley Group, Meyado, Pacific Asset Management, Prime Partners, Theoria Capital Management, Tradition Singapore, Vickers Ballas, Alta Advisers, Finova, GS Wealth, Hans Rausing, IIFL Asia, Jordans, Makara Capital, Tano Capital, Swiss-Asia, NQ International, OAKS Family Office, Tano Capital, Tao Trust Group, Trident Trust Company, Unigestion, VP Bank-Singapore, Wynnes Family Office, Nean Wealth Advisors Ltd
Partial Table of Contents:
1 Introduction
1.1 What is this Report About?
2 Wealth Sector Fundamentals
2.1 Political Background of the Wealth Sector
2.2 Economic Background to the Wealth Sector
2.3 Benchmarking Singaporean Wealth in Context
2.3.1 Distribution of wealth
3 Competitive Landscape of the Wealth Sector
3.1 Competitive Structure
3.1.1 Wealth management and private banking industry - competitive structure
3.1.2 Multinational banks
3.1.3 Local banks
3.1.4 Wealth managers
3.1.5 Private banks
3.1.6 Mergers and joint ventures
3.1.7 Boutique and independent financial advisors
3.1.8 Private trusts
3.2 Family offices
3.2.1 Multi-family offices
3.2.2 Single-family offices
3.3 Leading Companies in the Wealth Management and Private Banking Industry
3.4 Singapore: An International Offshore Hub
3.5 Islamic banking: A Topic of Discussion
3.6 Singapore Wealth Management and Private Banking Industry - Behavioral Mapping
3.7 Challenges and Opportunities for the Wealth Sector in Singapore
3.7.1 Regulatory environment
3.7.2 Tax structure
3.7.3 Human resource availability for the wealth management industry
3.7.4 Philanthropy
3.7.5 Demand for intergenerational wealth transfer and younger clientele
4 Appendix
4.1 Pertinent Regulations
4.1.1 Regulations on banks
4.1.2 Regulations related to Islamic banking
4.1.3 Regulations related to capital requirements on banks
4.1.4 Regulations related to taxes
4.1.5 Regulations related to taxes on capital gains
4.1.6 Regulations related to taxes on start-ups
4.1.7 Regulations related to taxes on fund management activities
4.1.8 Regulations related to fund management
4.1.9 Regulations related to real estate
4.1.10 Regulations related to the real estate business of a bank
4.1.11 Regulations related to foreign investment
4.1.12 Regulations related to capital investment
4.1.13 Regulations related to private equity (PE) and venture capital investment (VC)
4.1.14 Regulations related to hedge funds and fund management
4.1.15 Regulations related to hedge fund subscription requirement
4.1.16 Regulations related to investment and employment in Singapore
4.2 Key Economic Trends and Drivers
4.2.1 SG$ to US$ moving annual average exchange rate
4.2.2 Real GDP growth
4.2.3 Per capita GDP
Full Table of Contents is available at:
-- www.fastmr.com/catalog/product.aspx?productid=32 ..
View more research from WealthInsight at www.fastmr.com/catalog/publishers.aspx?pubid=103 ..
About Fast Market Research
Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available.
For more information about these or related research reports, please visit our website at www.fastmr.com or call us at 1.800.844.8156.
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