DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/jflth5/opportunities_in) has announced the addition of the "Opportunities in Emerging EU Wealth Markets" report to their offering.
Wealth management in the European Union (EU) market is in the middle of a number of changes as banks have been looking to restructure business models in the last couple of years. The European private banking and wealth management industry is among the most important in the European financial services sector. The current potential for the core private banking client segments - HNWIs and UHNWIs - is already significant enough to be regarded as attractive by the industry; and it is expected to increase significantly during the next few years. The high net worth individual (HNWI) population in Europe grew by 1.1% and reached 3.2 million individuals in 2011 from 2.6 million in 2008 and is estimated to increase at a faster rate in the next couple of years. The long-term potential and expected growth rates for key countries are promising. The origin of client wealth in the emerging EU markets is more a matter of income flows than of past accumulation; according to research findings, wealth is mainly produced by new entrepreneurs, professionals and business owners.
Key Highlights
- The typical client segments of the European private banking and wealth management industry represent only about 9% of the total population in Europe, but represent around 60% of the total wealth held by private individuals.
- Around 4.2 million core millionaires, who have between US$1 million and US$10 million to invest, accounted for 27% of a typical private bank's assets in 2011.
- The industry's profit margins have increased from 20bp in 2009 to 24bp in 2010, while cost/income reached 71% in 2010.
Key Topics Covered:
1 Executive Summary
2 Introduction
2.1 Background: European Financial Services and EU Expansion
2.2 The Higher-Value Segment
2.3 Differentiation
3 Private Banking and Wealth Management: Clients and Products
3.1 Definitions for a Client Segment-Focused Business
3.2 Strategic Evolution of Private Banking and Wealth Management in Mature Europe
3.3 Growth - the Main Challenge in Onshore European Private Banking
3.4 European Offshore Private Banking Under Pressure
3.5 Main Business Approaches
3.6 Market Analysis and Outlook for Mature EU Markets
4 Growth in an Enhanced EU Environment
4.1 Growth in Both Mature and New' Europe
4.2 The Product/Market Matrix Approach
4.3 Core Directions for a Growth Strategy Model
5 Growth Opportunities: A Market Development Strategy
5.1 Market Size by Gross Population Analysis
5.2 Client Behavior and Profile in Emerging EU Markets
5.3 Typical Wealth Portfolio Breakdown in the New EU
5.4 Current Competitive Landscape in the Emerging EU Markets
5.5 Case Study: Slovakia - a Booming Economy in the Heart of Europe
5.6 Market Development Strategy Summary for the Emerging EU Markets
6 Growth Opportunities: A Product Development Strategy
6.1 Behavior of Clients Towards Investments in Emerging EU Markets
6.2 Investments in the Securities Market
6.3 Property Investments
6.4 The Development of New Products Based on Emerging EU Markets
7 Conclusions
7.1 Management Summary for Business Practice
7.2 Recommendations for Market Development and Diversification Strategies
7.3 Universal and Retail Expanded Providers in Private Banking and Wealth Management
7.4 Traditional Providers in Private Banking and Wealth Management
7.5 Overview of Suggested Imperatives for the Strategic Management of Market Development
7.6 Development Strategies in Mature Markets for Products Based on an Emerging EU Market
7.7 Recommendations for Product Development Strategies
7.8 Overview of Suggested Imperatives for Strategic Management of Product Development
7.9 Main Implications for Future Research
8 Appendix
For more information visit http://www.researchandmarkets.com/research/jflth5/opportunities_in