Wealth in the Philippines: Sizing the Market Opportunity; Sizing the wealth market in one of Asia’s fastest growing economies.
The Philippines is home to a relatively small affluent population, and the country’s financial services sector is somewhat unsophisticated relative to many of its ASEAN-6 neighbors and other developed nations. Retail participation in the equities and mutual fund markets is very low, with the bond market traditionally more popular but the majority of allocations still held in deposits. However, very strong economic performance over recent years and a new government committed to shaking off the image of the Philippines as the ‘sick man of Asia’ bodes well for the future of its financial services sector and the population’s financial literacy. Local wealth managers may not currently have a particularly large lucrative target market onshore, but this segment will grow significantly and wealth managers need to be ready to capitalize on the opportunity.
Scope
“Wealth in the Philippines: Sizing the Market Opportunity” analyzes the Filipino wealth and retail savings and investments markets, with a focus on the HNW segment. The report is based on our proprietary datasets.
Specifically the report:
• Sizes the affluent market (both by the number of individuals and value of their liquid assets) using Verdict Financial’s proprietary datasets.
• Analyzes which asset classes are favored by Filipino retail investors and how their preferences impact the growth of the total savings and investments market.
• Examines HNW clients’ attitudes towards non-liquid investments, such as hedge funds, property, and commodities.
• Identifies key drivers and booking centers for offshore investments by Filipino HNW clients.
Reasons to Buy
Benchmark your share of the Filipino wealth market against the current market size.
Forecast your future growth prospects using our projections for the market to 2020.
Identify your most promising client segment by analyzing the penetration of affluent individuals in the Philippines – both at country and regional level.
Evaluate your HNW proposition by understanding how regulation is affecting your HNW clients.
Review your offshore strategy by learning about HNW motivations for offshore investments and their preferred booking centers.
Table of Contents
List of Tables
List of Figures
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