Research and Markets: Wealth Management in Singapore 2009 - Global Economic Crisis Has Had A Major Effect On Singapore's Onshore Wealthy Population

* Reuters is not responsible for the content in this press release.

Thu Nov 12, 2009 8:00pm EST

DUBLIN--(Business Wire)--
Research and Markets
(http://www.researchandmarkets.com/research/2a91b3/wealth_management) has
announced the addition of the "Wealth Management in Singapore 2009" report to
their offering. 

The global economic crisis has had a major effect on Singapore's onshore wealthy
population, potentially causing them to lose faith in their wealth managers. To
keep clients, wealth managers need to know what this lucrative customer wants
from them, in terms of products, services and interaction. 

Scope:

* HNW demographic and attitudinal attributes based on our Wealth Management
Market Leaders Survey 2009 
* Extensive primary research from 17 wealth management companies highlights
their strategies for revenue growth, acquiring and keeping clients

Highlights of this title: 

For the wealthy population living in Singapore, 2008 was a particularly tough
period to bear. Business owners faced weak operating conditions, the equity
market fell and properties lost value. After the first nine months of
2009,global economies are starting to appear more stabilized and a growing
expectation of recovery is starting to emerge. 

Datamonitor believes that Singaporean HNWs will return to risky assets over the
short-term as economic conditions improve and investment assets increase in
value. 

Clients in Singapore have superior financial product knowledge compared to their
Asia Pacific counterparts, however they struggled to fully understand how market
conditions impacted on their portfolio. This presents an opportunity for wealth
managers to add some real value to their offering by providing educational
services for clients if needed. 

Key reasons to purchase this title:

* Understand the HNW population's investments by sector and geography, appetite
for risk, and reasons for choosing/leaving their wealth service 
* Assess the threats and opportunities for wealth managers by understanding how
peers are planning to grow revenues, acquire and keep clients

Companies Mentioned:

* London Stock Exchange Group Plc 
* SG Private Banking 
* Deutsche Bank 
* Standard Chartered

For a full listings of the topics covered in this report, please visit
http://www.researchandmarkets.com/research/2a91b3/wealth_management

Source: Datamonitor

Research and Markets
Laura Wood, Senior Manager,
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716 

Copyright Business Wire 2009

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