Central and Eastern European Countries Represent an Attractive Opportunity for Wealth Managers Due to Their Relatively High National Saving Ratios

(PRWEB) November 7, 2004

Introduction

Central and Eastern European Wealth Management 2004 sizes the mass affluent and high net worth markets across Hungary, the Czech Republic and Poland, investigating the major competitive trends. It also provides extensive forecasts for the mass affluent and high net worth sectors through 2007, allowing the reader to understand both the current state and future potential of the specific countries.

Scope of the report:

Report covers Czech Republic, Hungary and Poland

Onshore liquid wealth is segmented into nine asset bands from EUR50,000 to 3,000,000+ from 1998 to 2002 and forecast to 2007

The macroeconomic and savings and investment data was collected directly from governmental sources such as the Czech National Bank

Sizing and forecasting of mass affluent and high net worth individuals were generated from Our proprietary Global Wealth Model

Highlights

The countries of Central and Eastern Europe represent an attractive opportunity for wealth managers due to their relatively high national saving ratios. In comparison to the UK, with a national saving ratio of 13.1%, individuals in all three Central and Eastern European countries save, on average, a far greater proportion of their disposable income

Central and Eastern Europe has long been a target for foreign banks due mainly to the regeneration and privatization of the banking sector following the collapse of the Communist bloc. Consequently the banking sectors in Poland, Hungary and the Czech Republic are all open and competitive but are now heavily dominated by foreign banks.

Poland has the greatest proportion of mass affluent individuals as a percentage of the general population. In fact, Polish mass affluent liquid assets account for nearly 70% of all mass affluent liquid assets in CEE.

Reasons to Purchase

This report forecasts the market to 2007, allowing competitors to plan strategies on the basis of detailed market information

Allows wealth managers to monitor threats and opportunities posed by their main competition

Determines which CEE countries are most attractive in terms of the size and composition of their potential market

TABLE OF CONTENTS

CHAPTER 1 INTRODUCTION

What is this report about?

Who is the target reader?

How to use this report

CHAPTER 2 CEE WEALTH MANAGEMENT

Economic factors

General economic stability

GDP growth

Foreign Direct Investment

Stock market performance

Savings and wealth distribution

National saving ratio

Gini Index

Retail investor preferences

Attractiveness of private banking market

Banking structure

Czech banking

Hungarian banking

Polish banking

Foreign competitor presence

Mass affluent and high net worth individuals

Mass affluents

High net worth individuals

CHAPTER 3 APPENDIX

Data

Definitions

AAGR

Advisory portfolio management

CAGR

Discretionary portfolio management

Gini index

High net worth (HNW)

Liquid assets

Liquid asset bands

Mass affluent

National saving ratio

Potential deposits (Russia)

Research methodology

The Global Wealth Model

The UK sub model

Central and Eastern European sub model

Forecasting methodology

Further information

Further reading

Datamonitor Reports

Datamonitor Global Wealth Service: Insight Reports

Datamonitor Global Wealth Service: Competitor Tracking

Datamonitor Financial Services Consulting

SPP writing team

For more information visit http://www.researchandmarkets.com/reports/c8817

Laura Wood

Senior Manager

Research and Markets

press@researchandmarkets.com

Fax: +353 1 4100 980

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