DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/nfrbt6/challenges_and) has announced the addition of the "Challenges and Opportunities for the Wealth Sector in Israel 2014" report to their offering.
This report is a thorough analysis of Israel's Wealth Management and Private Banking sector, and the opportunities and challenges that it faces.
- This report is the result of extensive research covering the high net worth individual (HNWI) population and wealth management market in Israel.
- The report focuses on HNWI performance between the end of 2008 (the peak before the global financial crisis) and the end of 2013. This enables us to determine how well the country's HNWIs have performed through the crisis.
- In 2013, Israeli HNWIs held 24.2% (US$102 billion) of their wealth outside of their home country; the worldwide average is20-30%.
- It is expected foreign asset holdings to increase to US$128 billion by 2018, accounting for 23.9% of the total HNWI assets.
- In 2013, North America accounted for 44.3% of the foreign assets of Israeli HNWIs.
- This was followed by Europe with 29.0%, the Asia-Pacific with 14.5%, Latin America with 11.0%, the Middle East with 0.9% and Africa with 0.6%.
- Israeli HNWI allocations to Europe decreased during the review period when compared to other regions, from 35.4% in 2009 to 29.0% in 2013. Latin America and Asia-Pacific were emerging regions in terms of global investments.
- It is expected HNWIs to reduce their level of investment in Europe over the forecast period, falling to 24.1% of foreign HNWI assets by 2018, with investments decreasing due to growing confidence in Asian economies.
Key Topics Covered:
2 Executive Summary
3 Wealth Sector Fundamentals
4 Competitive Landscape Of The Wealth Sector
- Bank Hapoalim
- Bank Leumi Private Banking
- Bank of Jerusalem
- FIBI Private Banking
- Israel Dexia Bank
- Israel Discount Bank Private Banking
- Mizrahi Tefahot Bank Private Banking
- Union Bank of Israel
For more information visit http://www.researchandmarkets.com/research/nfrbt6/challenges_and