Research and Markets: Challenges and Opportunities for the Wealth Sector in Hong Kong 2014

DUBLIN--()--Research and Markets (http://www.researchandmarkets.com/research/25cjs4/challenges_and) has announced the addition of the "Challenges and Opportunities for the Wealth Sector in Hong Kong 2014" report to their offering.

This report is a thorough analysis of Hong Kong's Wealth Management and Private Banking sector, and the opportunities and challenges that it faces.

At the end of 2013, Hong Kong HNWIs held 40.6% (US$423.0 billion) of their wealth outside their home country, which is higher than the worldwide average of 20-30%.

It is expected foreign asset holdings to increase to US$532.0 billion by 2018, accounting for 38.3% of total HNWI assets.

In 2013, the Asia-Pacific region accounted for 59.6% of Hong Kong HNWIs' foreign assets.

It was followed by North America with 17.9%, Europe with 9.4%, South America with 8.1%, the Middle East with 2.6% and Europe with 2.4%.

Hong Kong HNWI allocations to South America increased compared with other regions during the review period, from 5.2% in 2009 to 8.1% in 2013. Asia-Pacific was the other emerging region in terms of global investments.

Over the forecast period, HNWIs are expected to increase their levels of investment in South America to 10.1% of foreign HNWI assets by 2018, with investments increasingly being diverted to emerging economies.

Key Topics Covered:

1 Introduction

2 Executive Summary

3 Wealth Sector Fundamentals

4 Competitive Landscape of the Wealth Sector

5 Appendix

Companies Mentioned

  • Bank of East Asia
  • CITIC Bank International
  • Chi Yu Bank
  • Chong Hing Bank Ltd
  • Dah Sing Bank Ltd
  • Hang Seng Bank Ltd
  • Nanyang Commercial Bank
  • Tai Sang Bank Ltd
  • Wing Hang Bank

For more information visit http://www.researchandmarkets.com/research/25cjs4/challenges_and

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Wealth Management

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Wealth Management