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The wealth management market is growing at a phenomenal rate, with total investable wealth in some European countries currently in the region of more than £10,000 bn. During the next five years, the investable wealth will have almost doubled, with nearly half the total being held by the super-wealthy. To gain and retain a slice of this highly lucrative market, banks and other financial service providers are setting up specific onshore and offshore operations, acquiring new products and services through consolidations, mergers and acquisitions. The Wealth Management Outlook 2001, a new strategic management report, focuses on the explosion of wealth and the examines latest trends among the major players in Europe, the drivers, resistors and the innovative ways of delivering products and services such as interactive digital TV. |