Despite the ongoing discussions about deglobalization following the US-China trade war and the COVID-19 pandemic, there is no evidence of negative impact on the global offshore investment market. Currently, 42.5% of high-net-worth (HNW) wealth is allocated to offshore accounts. However, the factors driving these investments and the preferences for specific offshore booking centers vary significantly across different wealth tiers and generations. To design a tailored service proposition, it is crucial to understand the distinct motivations of each investor segment, says GlobalData, a leading data and analytics company.

Against this backdrop, GlobalData’s Banking & Payments team invites you to attend “The Changing Offshore Investment Landscape” webinar on Tuesday, 2 July 2024 at 9am British Summer Time (BST).

During this webinar, Principal Wealth Management Analyst Heike van den Hoevel will discuss the state of the global offshore market, investment drivers as well as asset allocation preferences.

van den Hoevel comments: “Investors’ propensity to book wealth abroad and the drivers to do so differ significantly across target markets. For example, there is a strong correlation between offshore investments and affluence. As a result, lower wealth segments are of little appeal to wealth managers. However, compared to their older peers, millennials and Generation Z hold a greater proportion of their wealth offshore. While lower in liquid assets, more time to accumulate wealth and a higher propensity to hold wealth offshore makes younger generations an attractive segment.

“A clear understanding of what is motivating different investor segments to look to overseas markets, such as tax efficiencies, ROI or business interests, is essential to capitalize on growing demand for offshore investments.”

The webinar will cover five key questions in offshore wealth management,

  • How much wealth do different investors segments book offshore?
  • Will the proportion of HNW wealth booked abroad continue to increase?
  • Which booking centers are growing in importance for HNW investors?
  • What are the preferred asset classes in the HNW offshore space?
  • What is driving different investor segments to channel wealth offshore?

Register now for GlobalData’s “The Changing Offshore Investment Landscape” webinar on Thursday, 2 July 2024, 9am British Summer Time (BST).