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 Jul 2007
Unprecedented opportunities, plan your approach
The 2007 PricewaterhouseCoopers Global Private Banking / Wealth Management Survey has been launched and is by far our largest and most successful ever. The survey captures the views of all Senior Management including Chief Executives, Heads of Business, Finance Directors and Risk Officers. Furthermore, reflecting the growing importance of systems, and people issues to private banks and wealth managers, we extended the survey this year to include questions to be completed by Chief Operating Officers, HR Managers and the client facing Relationship Managers.
Our 2007 survey reveals a period of golden prospects for wealth managers. Buoyed by rising global wealth, private banks and wealth managers everywhere are anticipating exceptional high rates of profitable growth that are unprecedented during the 14 year history of this survey, and probably at any other time.
Reflecting the accelerating wealth of developing economies, it is notable that we have more respondents from countries such as Brazil, India, Singapore and Central/Eastern European nations than ever before. Markets in Asia Pacific and Eastern Europe are expanding fastest, as organisations scramble to service the new wealth creators in these regions. In Asia Pacific, CEOs expect their organisations' assets under management to grow at an annual rate of 34%.
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Read more by downloading our Global Private Banking/Wealth Management Survey 2007: Executive Summary - Unprecedented opportunities, plan your approach (pdf file, 1.3MB) for your reference. |
