Acquiring New Clients and the Development of Product Ranges Are Expected to Be the Key Areas for Revenue Growth in the Italian Wealth Management Market.DUBLIN Dublin, city, Republic of Ireland Dublin, Irish Baile Átha Cliath, county borough (1991 pop. 915,516), Leinster, capital of the Republic of Ireland, on Dublin Bay at the mouth of the Liffey River. , Ireland Ireland, Irish Eire (âr`ə) [to it are related the poetic Erin and perhaps the Latin Hibernia], island, 32,598 sq mi (84,429 sq km), second largest of the British Isles. -- Research and Markets (http://www.researchandmarkets.com/reports/c30440 ) has announced the addition of Wealth Management In Italy 2005 to their offering. Introduction This report focuses on the onshore on·shore adj. 1. Moving or directed toward the shore: an onshore wind. 2. Located on the shore: an onshore beacon; an onshore patrol. adv. liquid wealth of Mass Affluent Mass affluent and emerging affluent are marketing terms used to refer to the growing high end of the mass market. It is most commonly used by the financial services industry to refer to individuals with US$100,000 to US$1,000,000 of liquid financial assets,[1] and High Net Worth customers. It sizes, segments and forecasts the number of affluent individuals and the liquid assets Cash, or property immediately convertible to cash, such as Securities, notes, life insurance policies with cash surrender values, U.S. savings bonds, or an account receivable. they hold. It investigates the competitive landscape in terms of players, products and services and presents the results of our large scale survey of the main players. Scope Sizing and forecasting of mass affluent and high net worth individuals were generated from our proprietary Global Wealth Model Data presented for 10 liquid asset bands, from EUR EUR In currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 50-75K to EUR3m+ 24 Italian wealth managers were surveyed during our Wealth Management Market Leaders Survey 2005 Survey questions covered business and product/service development, client trends and attitudes and general market issues Highlights In 2004 wealthy clients accounted for 9.8 per cent of Italy's total adult population, equivalent to 5.7 million individuals. Within this, 1.0 per cent were classified as high net worth individuals, while the remaining 8.8 per cent fell within the mass affluent category. The greatest opportunities for revenue growth in the Italian wealth management market are expected to lie in the acquisition of new clients, strengthening of product range and integration of mergers/acquisitions, with almost a half of surveyed wealth managers selecting these options. Many industry observers agree that ABN Amros ABN AMRO Algemene Bank Nederland-Amsterdam Roterdam Bank (Dutch bank) acquisition of Banca Antonveneta could prompt further consolidation among Italys numerous smaller banking players. Moreover, many banks may also be pushed to make acquisitions to protect themselves from unwanted takeover attempts Noun 1. takeover attempt - an attempt to take control of a corporation bear hug - a takeover bid so attractive that the directors of the target company must approve it or risk shareholder protest . Reasons to Purchase Assess market attractiveness by reviewing size and growth forecasts up to 2009 Improve client service through greater awareness of their attitudes and concerns Assess the threats and opportunities for wealth managers in the market Topics Covered CHAPTER 1 CHAPTER 2 INTRODUCTION CHAPTER 3 ITALIAN MASS AFFLUENTS AND HIGH NET WORTHS CHAPTER 4 COMPETITIVE BACKGROUND CHAPTER 5 OPPORTUNITIES AND THREATS FOR WEALTH MANAGERS IN ITALY CHAPTER 6 WEALTHY CLIENTS CHAPTER 7 FUTURE MARKET DEVELOPMENTS CHAPTER 8 APPENDIX LIST OF TABLES LIST OF FIGURES For more information visit http://www.researchandmarkets.com/reports/c30440 |
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