78% of Asia-Pacific Banks Have Seen Significant New Launches of Lending Products, However Innovation is Lacking According to New Report.

DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c81609) has announced the addition of Datamonitor's new report: Product innovation in Asia-Pacific wealth management 2007 to their offering.

The brief will identify key product innovations within the wealth management market in Asia-Pacific and provide analysis to why these products are developing now.

Scope

- This brief analyzes the results from the Datamonitor Asia-Pacific Wealth Managers Survey 2007

- Primary interviews were conducted with leading Asia-Pacific wealth managers to provide valuable insights

Highlights of this title

The Datamonitor Asia-Pacific Wealth Managers Survey 2007 found that linked products, online services and capital protected investments were considered the most innovative areas in wealth management while tax planning, inheritance planning and philanthropy services were ranked as the least innovative areas.

According to the Datamonitor Asia-Pacific Wealth Managers Survey 2007 the most commonly launched products/services were lending products, online services, property investments and capital protected investments while launches of charitable or philanthropic services witnessed the least amount of new launches.

Key reasons to purchase this title

- Wealth managers insights on innovative product/service areas of the future

- Survey data results on innovative wealth management products/services

OUR VIEW

CATALYST

SUMMARY

EXECUTIVE SUMMARY

Linked products, online services and capital protected investments are where innovation is being seen

Business owners most demand private equity investments

ANALYSIS

The most wealth management product/service launches in Asia-Pacific involve lending products, online service and property investments

78% of Asia-Pacific banks have seen significant new launches of lending products, however innovation is lacking

76% of Asia-Pacific banks have seen significant new launches of online services

76% of Asia-Pacific banks have seen significant new launches of property investments

72% of Asia Pacific banks have seen significant new launches of capital protected products

The market has not seen much in the way of new charity/philanthropy services launches

Lending might be the area where the most new launches are seen, but linked products, online services and capital protected products are where innovation is being seen

Two thirds of banks describe linked products as significantly innovative

62% banks find that online services are significantly innovative

Asia-Pacific banks have mixed feelings regarding capital protected investments as being innovative

Innovation in the next two years is most likely to be seen in the areas of online services, linked products and capital protected investments

Over half the respondents expect a lot more innovation over the next two years in online services

Three quarters of Asia-Pacific banks expect at least a fair amount of innovation over the next two years in linked products

Capital protected products will also be innovative over the next two years

Retirees and business owners are demanding the most innovative wealth management products and services

Retirees and business owners most demand linked products

Retirees most demand capital protected products

Business owners most demand private equity investments

Expatriates and business owners mostly demand online services

Wealth managers must sell the benefits of an innovative product

Data

APPENDIX

Methodology

Further reading

Ask the analyst

Our consulting

Disclaimer

List of Tables

List of Figures

For more information visit http://www.researchandmarkets.com/reports/c81609

Source: Datamonitor