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The European Savings And Investments Market Outlook: Opportunities In The Wake Of A Stock Market Decline

Product Type: Market Research Report
Published by: Business Insights
Published: March 2004
Product Code: R162-568
Description
The stock market decline has had a major impact on the savings and investments culture across Europe; this is reflected in the falls in direct investment in equity and mutual funds, rise in deposits, and emergence of guaranteed products. The European Savings and Investments Market Outlook is a management report that analyses the retail savings and investments markets across the UK, Germany, France, Italy and Spain and it explains the macroeconomic background to the markets, before analysing each of the five major European markets in detail. Individual chapters are devoted to the most important issues in the present market, Wrap Accounts, Alternative Investments and Capital Protected Products. The report details the market from the perspective of Investors, Financial Service Institutions and Consumers. It provides comprehensive insight into the key issues facing those within the Savings and Investments industry, to help you identify and exploit the opportunities for growth across the European markets and hence maintain your competitive edge.
Table of Contents






Executive Summary

European macroeconomics

European market overview

Wrap accounts

Alternative Investments and Hedge funds

Capital protected products

Conclusions

Chapter 1 Introduction

Introduction

Report structure

European macroeconomics

European savings and investments market

Wrap accounts

Alternative investments and hedge funds

Capital protected funds

Chapter 2 European Macroeconomics

Key indicators

Real GDP

Stock market indices

House prices

Household savings

Unemployment

Interest rates

Chapter 3 European Market Overview

Summary

Introduction

Comparison by country

European retail savings and investments market share by country

France

Overview

French retail savings and investments market

Deposits

Mutual funds

Direct investment in equity and bonds

Germany

Overview

German retail savings and investments market

Deposits

Mutual funds

Direct investment in equity and bonds

Italy

Overview

Italian retail savings and investments market

Deposits

Mutual funds

Direct investment in equity and bonds

Spain

Overview

Spanish retail savings and investments market

Deposits

Mutual funds

Direct investment in equity and bonds

UK

Overview

The UK retail savings and investments market

Deposits

Mutual funds

Direct investment in equity and bonds

Product analysis

European retail and savings investments market, by product

Deposits

Mutual funds

European retail mutual funds, by country

Direct investment in equity

Direct investment in bonds

Chapter 4 Wrap Accounts

Introduction

Wrap account

The UK market

The European Market

Potential distributors of wrap products

Distribution of life and pensions products in Europe and the role of the IFA

Products and tax

Consumer demand

UK

Europe

Chapter 5 Alternative Investments and Hedge Funds

Introduction

Alternative investments

Characteristic features of alternative investments

Alternative investments’ offering to wealth managers varies significantly by country

Hedge funds

Advantages and disadvantages of hedge funds

European analysis

Key regulatory issues

Germany

Italy

UCITS III Directive

Other alternative investment products

Private equity/venture capital

Property

Chapter 6 Capital Protected Products

Summary

Introduction

Market size

Number of capital protected funds by country in 2003

Current issues

European and Asian considerations

Timing issue and market conditions

Low interest rates and high options prices

‘Precipice’ funds

Reputation

Country-specifics

France

Germany

Italy

Spain

UK

Chapter 7 Conclusions

Summary

European Market Outlook

Wrap accounts

Hedge funds

Capital protected products

Chapter 8 Appendix

Definitions and abbreviations

Currency and data abbreviations

Index

List of Figures

Figure 1.1: GDP per capita across the ‘big five’ in Europe, 2002

Figure 1.2: European retail savings and investments market share, 2002

Figure 1.3: French savings and investments market by product, 2002

Figure 2.4: GDP per capita across the ‘big five’ in Europe, 2002

Figure 3.5: European retail savings and investments market by country, 1998—2002

Figure 3.6: European retail savings and investments market share, 2002

Figure 3.7: French savings and investments market by product, 2002

Figure 3.8: German savings and investments market by product, 2002

Figure 3.9: Italian savings and investments market by product, 2002

Figure 3.10: Spanish savings and investments market by product, 2002

Figure 3.11: The UK savings and investments market by product, 2002

Figure 3.12: European savings and investments market by product, 2002

Figure 3.13: European retail deposits, 1998—2002

Figure 3.14: European retail deposits by country, 2002

Figure 3.15: European retail mutual funds, 1998—2002

Figure 3.16: European retail mutual funds by country, 2002

Figure 3.17: European retail direct investment in equity, 1998—2002

Figure 3.18: European retail direct investment in bonds, 1998—2002

Figure 4.19: Distribution of life and pensions products in Europe, 2002

Figure 5.20: Alternative investments offer wealth managers the ability to…

Figure 6.21: Number of capital protected funds by country, March 2003



List of Tables

Table 2.1: Overview of the key macroeconomic indicators, August 2003

Table 2.2: Historic real GDP growth (% per annum) in the ‘big five, 1996—2002

Table 2.3: Indexed growth in stock market indices, base 1995=100, 1996—2003

Table 2.4: Retail house-price growth, indexed 1990=100, 1998—2002

Table 2.5: Household savings rates, percent of disposable household income, 1998—2003

Table 2.6: Unemployment rates, percent of civilian labor force, 1996—2003

Table 2.7: Short-term interest rates, percent per annum, 1998—2003

Table 2.8: Long-term interest rates, percent per annum, 1998—2003

Table 3.9: European retail savings and investments market, segmented by country, 2002

Table 3.10: European retail savings and investments market, segmented by country, 1998—2002

Table 3.11: European retail savings and investments market share by country, 1998—2002

Table 3.12: French retail savings and investments market, 1998—2002

Table 3.13: German retail savings and investments market, 1998—2002

Table 3.14: Italian retail savings and investments market, 1998—2002

Table 3.15: Spanish retail savings and investments market, 1998—2002

Table 3.16: The UK retail savings and investments market, 1998—2002

Table 3.17: European retail savings and investments market, segmented by product, 1998—2002

Table 3.18: European retail savings and investments market shares, segmented by product, 1998—2002

Table 3.19: European retail deposits, segmented by country, 1998—2002

Table 3.20: European retail mutual funds, segmented by country, 1998—2002

Table 3.21: European retail direct investment in equity, segmented by country, 1998—2002

Table 3.22: European retail direct investment in bonds, segmented by country, 1998—2002

Table 8.23: Currency and data abbreviations
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