|
|
Home > Business/Finance > Financial Services > Financial Management
Penetrating the Indian Wealth Market
|
| Published Date:
July 2006
Published By:
Datamonitor
Page Count:
66
Order Code:
R313-14758
|
|
|
|
- CHAPTER 1 EXECUTIVE SUMMARY
- Introduction
- What is this report about?
- Who is the target reader?
- The market opportunity
- The Indian market looks to be attractive for wealth management
- Economic conditions have been favourable over the last decade
- The potential wealthy population is large and growing fast
- The wealth management market is still in its early stages
- Only in the last 12 months have many competitors begun to show any major interest in the market
- The investment/ banking environment is still developing
- Customer attitudes to investment are changing, which will help competitors
- A regional focus
- Wealth differs considerably by region
- There are four major states with wealth management potential
- There are three further states with good potential
- And other states and cities that could merit attention
- Future decoded
- The wealth management opportunity will continue to grow
- Macroeconomic growth will continue
- Wealthy individuals will continue to prosper
- CHAPTER 2 INTRODUCTION
- What is this report about?
- Who is the target reader?
- How to use this report
- CHAPTER 3 THE MARKET OPPORTUNITY
- The Indian market looks to be attractive for wealth management
- Economic conditions have been favourable over the last decade
- Historic growth levels have been high
- The Indian economy is more developed than many of its Asian counterparts
- The potential wealthy population is large
- The total population pool is massive by global comparisons
- The number of individuals with more than USD100,000 is growing rapidly
- Average affluence of the wealthy population has increased
- The wealth management market is still in its early stages
- Only in the last 12 months have many competitors begun to show any major interest in the market
- Foreign players remain restricted in their acquisitions of Indian banks
- Branch networks are not easily expanded
- Interest levels are at an all-time high
- The number of opportunities is decreasing
- The investment/ banking environment is still developing
- Restrictions on wealth management and banking products
- Limited offshore investment is permitted
- The domestic investment markets are developing
- Customer attitudes to investment are changing, which will help competitors
- Mutual funds and equities are growing in popularity
- CHAPTER 4 A REGIONAL FOCUS
- Wealth managers need to approach India from a regional perspective
- Wealth differs considerably by region
- National inequality exists
- And regional inequality is very noticeable
- There are four major states with wealth management potential
- Each state has its own attractions
- Savings have grown rapidly in these states
- And total affluent liquid assets have grown considerably
- There are three further states with good potential
- They compare favourably with the four primary states
- West Bengal is relatively under-banked
- Chandigarh has the highest GDP per capita
- Andhra Pradesh benefits from business opportunities
- And other states and cities that could merit attention
- CHAPTER 5 FUTURE DECODED
- The wealth management opportunity will continue to grow
- Macroeconomic growth will continue
- Wealthy individuals will continue to prosper
- Liquid assets will grow at a rate of 11.5% compounded annually over the 2005-2009 period
- The number of wealthy individuals will reach 1.1 million by the end of 2009
- CHAPTER 6 APPENDIX
- Data
- Definitions
- AAGR
- CAGR
- Gini index
- Liquid assets
- Liquid asset bands
- Research methodology
- The Global Wealth Model
- The UK sub model
- Asia-Pacific sub model
- Forecasting methodology
- Datamonitor's wealth numbers compared with others' numbers
- Bespoke Wealth Market Sizing
- Further reading
- Datamonitor Asia-Pacific Wealth Reports
- Datamonitor Asia-Pacific Insight Reports
- Datamonitor Global Wealth Service: Competitor Tracking
- Datamonitor Financial Services Consulting
- Asia-Pacific contacts
- List of Tables
- Table 1: Underlying macroeconomic factors in India, 2005-2009
- Table 2: Real Indian GDP growth over the 1996-2006 period
- Table 3: GDP - value added of industry sectors, 2004
- Table 4: Value of liquid assets owned by Indian affluent individuals, 2001-2005e
- Table 5: Number of Indian affluent individuals, 2001-2005e
- Table 6: Share of affluent liquid assets and affluent individuals by asset band, 2005e
- Table 7: Average savings deposits per capita and GDP per capita by state, 2005
- Table 8: Value of retail deposits and growth over the 2001-2005 period by state
- Table 9: Wealth market comparison by state, 2005
- Table 10: Wealthy population and its growth, comparison by state, 2005
- Table 11: Liquid assets owned by Indian affluent individuals, 2005e-2009f
- Table 12: Number of Indian affluent individuals, 2005e-2009f
- Table 13: Wealth markets that have been modeled using the Global Wealth Model
- List of Figures
- Figure 1: Total deposits across the four major states have grown rapidly in recent years
- Figure 2: Methodology diagram and report structure
- Figure 3: India's real GDP growth has averaged 8.4% over the last 6 years
- Figure 4: India's services sector is more developed than many of its Asian counterparts and developing economies
- Figure 5: India's wealthy population has increased in size rapidly over the last four years
- Figure 6: The more affluent the individuals, the larger the share of wealth they own
- Figure 7: The two major stock markets have seen strong growth in market capitalization over the last few years, especially when compared to the Shanghai and Shenzhen exchanges
- Figure 8: Indian deposit rates have fallen dramatically in recent years
- Figure 9: Average savings per capita and GSDP per capita vary dramatically by state
- Figure 10: Total deposits across the four states have grown rapidly in recent years
- Figure 11: Total retail liquid assets of the four states have grown rapidly at rates in excess of 30% compounded annually over the 2001-2005 period
- Figure 12: While Maharashtra is home to the largest number of affluent individuals and also the fastest growing affluent population, Delhi has by far the highest proportion of affluent individuals
- Figure 13: It is Delhi's affluent population that has grown most rapidly over the 2001-2005 period
- Figure 14: Chandigarh - being a Union Territory and predominantly metropolitan has a high proportion of affluent individuals compared to West Bengal and Andhra Pradesh
- Figure 15: Liquid wealth of affluent individuals will grow strongly over the 2005-2009 period
- Figure 16: Wealthy individuals will grow in number at an average rate of 13.8% over the 2005-2009 period
|
Similar Products
• Financial Planners and Investment Advisors
Published Oct 2008 by First Research, Inc.
• Open-End Investment Funds in the US - Industry Risk Rating Report
Published Oct 2008 by IBISWorld
• Financial Planning & Advice in the US - Industry Risk Rating Report
Published Oct 2008 by IBISWorld
• Plimsoll Analysis- Independent Financial Advisors (UK)
Published Oct 2008 by Plimsoll Publishing Ltd.
• Aging Population in the Western World - Investment Opportunities
Published Sep 2008 by Frost & Sullivan
• Financial Planning & Investment Advice in Australia - Industry Risk Rating Report
Published Sep 2008 by IBISWorld
• Financial Advisors' Views of Service
Published Sep 2008 by Datamonitor
• Financial Planning & Investment Advice in Australia - Industry Market Research Report
Published Aug 2008 by IBISWorld
• Annuities - UK
Published Aug 2008 by Mintel International Group Ltd.
• Munder Capital Management
Published Jul 2008 by SGA Lists
|
|
|
|
0 items
