Strategy & Practice Management

Wealth Management in Asia 2016

Hubbis

Aug 23, 2016

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In August 2016, we produced the 6th edition of our annual overview and outlook for the private banking and wealth management industry in Asia.

Again lead-sponsored by BNP Paribas Wealth Management, this publication comes at a time of significant challenges for all industry players. 

On the one hand there continues to be growth in wealth in Asia. However – this is probably the most difficult time ever for the wealth management industry. 

Organisations of all types are striving to re-position their value proposition and service offering amid the mounting challenges they face – ranging from the economic environment, tax amnesty and regulatory scrutiny, to the debate over onshore versus offshore, and the continued hunt for both talent and growth.

For some players, this has meant exiting certain markets or locations, or the industry entirely. For those with the conviction to continue to compete in this space, they need to determine how to build a sustainable platform for the future. In many cases, this involves redesigning the core service model and digitising parts of the value chain.

The content in this publication covers these issues and more. I hope you enjoy reading and are able to benefit from these insights.

We welcome and greatly appreciate your thoughts and feedback - please email [email protected]

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