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Analyst Opinions
Mass Affluents: Product Holding and Preferences in Hong Kong
Mass affluent populations around the world are growing in size, making them an increasingly important segment for financial providers. These consumers possess more financial products than average, maintain higher levels of savings and investments, and are more likely to use added-value services. This makes them an attractive and profitable segment to target.
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Analyst Opinions
Wealth in Australia: HNW Investors
Australia is known for its multicultural landscape, which is also reflected in the country’s HNW market. HNW investors in Australia stem from a range of different backgrounds and portray distinctive demand patterns. However, a strong affinity for equity investments and high expectations when it comes to financial advice and other support services (such as pension and tax advice) are common characteristics.
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Analyst Opinions
Mass Affluents: Attitudes and Needs in China
Mass affluent populations around the world are growing in size, making them an increasingly important segment for financial providers. These consumers possess more financial products than average, maintain higher levels of savings and investments, and are more likely to use added-value services. This makes them an attractive and profitable segment to target.
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Analyst Opinions
Mass Affluents: Attitudes and Needs in the UK
Mass affluent populations around the world are growing in size, making them an increasingly important segment for financial providers. These consumers possess more financial products than average, maintain higher levels of savings and investments, and are more likely to use added-value services. This makes them an attractive and profitable segment to target.
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Analyst Opinions
Direct vs Fund Investments: HNW Preferences
Globally, 44% of HNW wealth is held via funds as opposed to directly. However, there are significant regional differences when it comes to investment preferences. For example, HNW investors in the US, and to a lesser extent in Western Europe, are significantly more likely to invest in funds than their peers in Central and Eastern Europe, Asia Pacific, and the Middle East. Furthermore, while equity funds prevail across the globe, they are particularly prominent in the West. There are also...
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Analyst Opinions
Preparing for PSD2 and Open Banking
The EU’s Directive on Payment Services 2 (PSD2) will accelerate the fragmentation of Europe’s retail banking industry following the global financial crisis. The opportunities brought about by PSD2 will energize banks with strong brand awareness and advanced digital offerings into pushing the boundaries of open banking. Increased competition from card issuers and non-bank third-party providers will prompt steady mid-cap players to fundamentally evaluate their strategies. Banks that are competing on price may see a future in collaborating with third parties,...
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Analyst Opinions
Wearable Payments: Sizing the Opportunity
The wearable payments market is still very much in its infancy, with most companies in this space still experimenting with form factors and functionality. Apple has emerged as a frontrunner with its payments-capable Apple Watch, but it is far from the only high-profile company in this space. With the market in its current state it is far too early to call Apple’s first-mover advantage decisive, and while this space is likely to see a lot of attention and investment in...
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Analyst Opinions
Wealth in the US: HNW Investors; Understanding HNW investors and wealth management strategies
The US is the largest wealth market in the world, and home to a diverse and sizable HNW segment. As the population continues to age, building ties with younger generations will ensure successful transfers of wealth to beneficiaries. Less than 25% of client investment portfolios are allocated into bond investments, and with less demand expected in the future more pressure is placed on better returns from alternative investments.
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Sector Analysis
The Cards and Payments Industry in Nigeria: Emerging Trends and Opportunities to 2019
GlobalData’s 'The Cards and Payments Industry in Nigeria: Emerging Trends and Opportunities to 2019' report provides top-level market analysis, information and insights into Nigeria's cards and payments industry, including: • Current and forecast values for each market in Nigeria's cards and payments industry, including debit and credit cards. • Detailed insights into payment instruments including credit transfers, payment cards and checks. It also includes an overview of the country's key alternative payment instruments. • E-commerce market analysis. • Analysis of...
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Sector Analysis
The Cards and Payments Industry in Latvia: Emerging Trends and Opportunities to 2020
GlobalData’s 'The Cards and Payments Industry in Latvia: Emerging Trends and Opportunities to 2020' report provides top-level market analysis, information and insights into the Latvian cards and payments industry, including: • Current and forecast values for each market in the Latvian cards and payments industry, including debit, credit and charge cards. • Detailed insights into payment instruments including credit transfers, direct debits, cash transactions, checks and payment cards. It also includes an overview of the country's key alternative payment instruments....
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