Wealth in India: HNW Investors 2017

2017-05-25
Price :
Published : May-2017
No. of Pages : 55

Wealth in India: HNW Investors 2017

Summary

Serving the Indian HNW investor market means understanding the pressures of family wealth. Whether this wealth is derived from family business or inheritance, given the high proportion of HNW investors who derive their wealth through one of the two there will be a family context to the assets and their control. A lack of expertise and access to sophisticated investment products are driving uptake of financial advice.

Wealth managers need to understand that decisions regarding investments might not be signed off by the client alone but may require input from other family members. This can be an encumbrance if a quick decision is required, but it is also an opportunity as it should provide a ready pool of potential clients to expand into.

As many Indian wealthy individuals have made their wealth through the IT sector, it is unsurprising that demand for automated services is forecast to rise. Wealth managers should develop digital propositions to attract this tech-savvy client segment and meet their high expectations in terms of financial advice.

Equities are the preferred asset class with execution-only services as the most popular; as economic growth will be strong, demand for equity products will continue to rise.

Critical success factors
– Focus on advisory mandates: The bulk of HNW wealth is held in execution-only mandates, but demand is particularly pronounced for advisory mandates. While demand for all types of asset management services is on the rise, advisory asset management has enduring appeal, and demand for it will outpace other approaches.
– Offer a wide range of investment products: Investors expect their wealth managers to give them access to more complex and sophisticated products. In order to accommodate this need, wealth managers need to develop their area of specialization and prove to their clients that management fees can be offset by higher returns.
– Provide automated services: Indian investors’ demand for automated services will rise strongly in the next 12 months. Wealth firms must be able to integrate fintech solutions into their proposition in order to stay competitive.

The report “Wealth in India: HNW Investors 2017”, analyzes the Indian investment market, with a focus on the HNW segment.

Specifically the report:
– Sizes the affluent market (both by number of individuals and their demographics) using our proprietary datasets.
– Analyzes which asset classes are favored by Indian 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 property and commodities.

Companies mentioned in this report: ICICI private banking, UBS, FundsIndia, Paytm, Karvy Private Wealth , Knight Frank.

Scope

– Family business ownership and inheritance are the most important sources of wealth, reflecting the importance family holds in India.
– Execution-only mandates are the preferred means for investing among India’s HNW individuals, followed by advisory mandates, which are forecast to experience the greatest increase in demand.
– Equities, property, and bonds have come to dominate HNW portfolios. Allocations in these asset classes are forecast to grow in the next 12 months.
– Pension planning will be the priority for HNW investors, along with financial and tax planning.

Reasons to buy

– Benchmark your share of the Indian 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 penetration of affluent individuals in India.
– Evaluate your HNW proposition by understanding how the Indian tax system will impact HNW clients.

Filed in: Banking & Finance
Publisher : GlobalData
More Reports
Title Price Buy Now

Competitor Profile: Scalable Capital

Competitor Profile: Scalable Capital Summary Scalable Capital is a digital investment management firm. It creates and manages globally diversified ETF portfolios for its clients to help them achieve their long-term financial goals, supported by proprietary risk management technology. Scalable Capital is available in four countries: Germany, the UK, Austria, and Switzerland. The report provides information and insight into Scalable Capital, including - - Its business and geographical presence. - Comprehensive coverage of its products and services. - A comparison against key competitors. - Information on its revenue model and market potential. - Important events and milestones. Scope - In 2016, Scalable Capital launched in Germany, the UK, and Austria. - In March 2017, Scalable Capital ......
$350

Competitor Profile: Tandem

Competitor Profile: Tandem Summary Tandem is a provider of mobile retail banking services. Its banking app enables customers to see all their financial information in an intuitive and engaging way. It currently offers a cashback Mastercard credit card, a Mastercard credit card for people with limited credit histories, and a range of fixed-term savings accounts. This report provides information and insights into Tandem, including - - Detailed insight into its business and geographical presence. - Comprehensive coverage of its products and services. - Comparative assessment with key competitors. - Information on its performance, including its revenue model. - The company's important events and milestones. Scope - In November 2015, Tandem was launched in the UK. - In August 2017, Tandem ......
$350

UK Insurance Aggregators 2019

UK Insurance Aggregators 2019 Summary "UK Insurance Aggregators 2019", report explores the ever-changing consumer purchasing behavior through price comparison sites. It identifies what is most influential to customers when selecting a policy through this channel and reveals the brand strategies of the four leading sites. Their distinct approaches to advertising are also highlighted, as well as the key factors that will influence the market over the coming years, including regulation and new technology. The percentage of consumers conducting research on price comparison websites at renewal increased in the motor and pet lines, while home and travel insurance saw declines. Motor insurance, the biggest market for aggregators, posted a rise of 4.5 percentage points. This trend was replicate......
$3450

Targeting Millennials in Financial Services

Targeting Millennials in Financial Services Summary "Targeting Millennials in Financial Services", report explores the attitudes and behaviors millennials have with regards to their financial services, using our extensive surveying of consumers in 20 key banking markets around the world. It identifies those aspects of the customer experience that financial services providers need to address to effectively engage with millennials and highlights successful providers, products, services, and campaigns. Best practice examples and studies presented are drawn from around the world and across the economy, encompassing banks, insurers, investment managers, consumer brands, and retailers. In the last two decades, millennials have matured in terms of their size, economic strength, and socio-cultu......
$5250

Strategic Market Intelligence: Life Insurance in Vietnam – Key trends and Opportunities to 2022

Strategic Market Intelligence: Life Insurance in Vietnam - Key trends and Opportunities to 2022 Summary GlobalData's 'Strategic Market Intelligence: Life Insurance in Vietnam - Key Trends and Opportunities to 2022' report provides in-depth market analysis, information and insights into the Vietnamese life insurance segment. GlobalData's 'Strategic Market Intelligence: Life Insurance in Vietnam - Key Trends and Opportunities to 2022' report provides a detailed outlook by product category for the Vietnamese life insurance segment. It provides values for key performance indicators such as written premium, gross claims, life insurance penetration, total assets and total investment income during the review period (2013-2017) and forecast period (2017-2022). The report also analyzes distributi......
$3999

Strategic Market Intelligence: Reinsurance in Kenya – Key trends and Opportunities to 2022

Strategic Market Intelligence: Reinsurance in Kenya - Key trends and Opportunities to 2022 Summary GlobalData's 'Strategic Market Intelligence: Reinsurance in Kenya - Key Trends and Opportunities to 2022' report provides in-depth market analysis, information and insights into the Kenyan reinsurance segment. GlobalData's 'Strategic Market Intelligence: Reinsurance in Kenya - Key trends and opportunities to 2022' report provides a detailed outlook by product category for the Kenyan reinsurance segment. It provides values for key performance indicators such as premium accepted, premium ceded and cession rates, during the review period (2013-2017) and forecast period (2017-2022). The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of the Ke......
$3999

Strategic Market Intelligence: General Insurance in Vietnam – Key trends and Opportunities to 2022

Strategic Market Intelligence: General Insurance in Vietnam - Key trends and Opportunities to 2022 Summary GlobalData's 'Strategic Market Intelligence: General Insurance in Vietnam - Key trends and Opportunities to 2022' report provides in-depth market analysis, information and insights into the the Vietnamese general insurance segment. GlobalData's 'Strategic Market Intelligence: General Insurance in Vietnam - Key trends and Opportunities to 2022' report provides a detailed outlook by product category for the Vietnamese general insurance segment. It provides values for key performance indicators such as written premium, claims ratio and general insurance penetration during the review period (2013-2017) and forecast period (2017-2022). The report also analyzes distribution channels opera......
$3999

Governance, Risk and Compliance – The Solomon Islands Insurance Industry

Governance, Risk and Compliance - The Solomon Islands Insurance Industry Summary GlobalData's 'Governance, Risk and Compliance - The Solomon Islands Insurance Industry' report is the result of extensive research into the insurance regulatory framework in the Solomon Islands. It provides detailed analysis of the insurance regulations for life, property, motor, liability, personal accident and health, and marine, aviation and transit insurance. The report specifies various requirements for the establishment and operation of insurance and reinsurance companies and intermediaries. The report brings together GlobalData's research, modeling and analysis expertise, giving insurers access to information on prevailing insurance regulations, and recent and upcoming changes in the regulatory frame......
$950

Strategic Market Intelligence: Reinsurance in Vietnam – Key trends and Opportunities to 2022

Strategic Market Intelligence: Reinsurance in Vietnam - Key trends and Opportunities to 2022 Summary GlobalData's 'Strategic Market Intelligence: Reinsurance in Vietnam - Key Trends and Opportunities to 2022' report provides in-depth market analysis, information and insights into the Vietnamese reinsurance segment. GlobalData's 'Strategic Market Intelligence: Reinsurance in Vietnam - Key trends and opportunities to 2022' report provides a detailed outlook by product category for the Vietnamese reinsurance segment. It provides values for key performance indicators such as premium accepted, premium ceded and cession rates, during the review period (2013-2017) and forecast period (2017-2022). The report also analyzes distribution channels operating in the segment, gives a comprehensive over......
$3999

Strategic Market Intelligence: Insurance Industry in Ghana – Key Trends and Opportunities to 2022

Strategic Market Intelligence: Insurance Industry in Ghana - Key Trends and Opportunities to 2022 Summary GlobalData's 'Strategic Market Intelligence: Insurance Industry in Ghana - Key Trends and Opportunities to 2022' report provides in-depth market analysis, information and insights into the Ghanaian insurance industry. GlobalData's 'Strategic Market Intelligence: Insurance Industry in Ghana - Key Trends and Opportunities to 2022' report provides a detailed outlook by product category for the Ghanaian insurance industry. It provides values for key performance indicators such as written premium, density and during the review period (2013-2017) and forecast period (2017-2022). The report gives a comprehensive overview of the Ghanaian economy and demographics, and provides detailed inform......
$995
We use cookies to deliver the best possible experience on our website.
By continuing to use this site, or closing this box, you consent to our use of cookies. To learn more, visit our Privacy Policy