78% of Asia-Pacific Banks Have Seen Significant New Launches of Lending Products,...

78% of Asia-Pacific Banks Have Seen Significant New Launches of Lending Products, However Innovation is Lacking According to New Report

DUBLIN, Ireland--(Business Wire)--
Research and Markets
(http://www.researchandmarkets.com/reports/c81609) has announced the
addition of Datamonitor's new report: Product innovation in
Asia-Pacific wealth management 2007 to their offering.

The brief will identify key product innovations within the wealth
management market in Asia-Pacific and provide analysis to why these
products are developing now.

Scope

- This brief analyzes the results from the Datamonitor
Asia-Pacific Wealth Managers Survey 2007

- Primary interviews were conducted with leading Asia-Pacific
wealth managers to provide valuable insights

Highlights of this title

The Datamonitor Asia-Pacific Wealth Managers Survey 2007 found
that linked products, online services and capital protected
investments were considered the most innovative areas in wealth
management while tax planning, inheritance planning and philanthropy
services were ranked as the least innovative areas.

According to the Datamonitor Asia-Pacific Wealth Managers Survey
2007 the most commonly launched products/services were lending
products, online services, property investments and capital protected
investments while launches of charitable or philanthropic services
witnessed the least amount of new launches.

Key reasons to purchase this title

- Wealth managers insights on innovative product/service areas of
the future

- Survey data results on innovative wealth management
products/services

OUR VIEW

CATALYST

SUMMARY

EXECUTIVE SUMMARY

Linked products, online services and capital protected investments
are where innovation is being seen

Business owners most demand private equity investments

ANALYSIS

The most wealth management product/service launches in
Asia-Pacific involve lending products, online service and property
investments

78% of Asia-Pacific banks have seen significant new launches of
lending products, however innovation is lacking

76% of Asia-Pacific banks have seen significant new launches of
online services

76% of Asia-Pacific banks have seen significant new launches of
property investments

72% of Asia Pacific banks have seen significant new launches of
capital protected products

The market has not seen much in the way of new
charity/philanthropy services launches

Lending might be the area where the most new launches are seen,
but linked products, online services and capital protected products
are where innovation is being seen

Two thirds of banks describe linked products as significantly
innovative

62% banks find that online services are significantly innovative

Asia-Pacific banks have mixed feelings regarding capital protected
investments as being innovative

Innovation in the next two years is most likely to be seen in the
areas of online services, linked products and capital protected
investments

Over half the respondents expect a lot more innovation over the
next two years in online services

Three quarters of Asia-Pacific banks expect at least a fair amount
of innovation over the next two years in linked products

Capital protected products will also be innovative over the next
two years

Retirees and business owners are demanding the most innovative
wealth management products and services

Retirees and business owners most demand linked products

Retirees most demand capital protected products

Business owners most demand private equity investments

Expatriates and business owners mostly demand online services

Wealth managers must sell the benefits of an innovative product

Data

APPENDIX

Methodology

Further reading

Ask the analyst

Our consulting

Disclaimer

List of Tables

List of Figures

For more information visit
here

Source: Datamonitor

Research and Markets
Laura Wood
Senior Manager
press@researchandmarkets.com
Fax: +353 1 4100 980

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