thewealthnet     About Us    |    FAQs    |    Contact Us
  Advanced Search       RSS Feed  twitter  linkedin 
Welcome to thewealthnet    |   Europe, Middle East & Africa Get The App   |   Login
  Sat 15th Dec 2018  |    Make this my homepage  
Subscribe now!
Credit Cards Accepted
World Map
Switzerland remains top international wealth management centre but losing ground on international work - Deloitte study
14/05/2018 , News Team

Switzerland is the top international wealth management centre in terms of competitiveness, size and performance, according to the Deloitte International Wealth Management Centre Ranking 2018.

The study highlights nine wealth management centres. Results of the 2018 edition show findings for Switzerland, Singapore, Hong Kong, the US, the UK, the UAE, Luxembourg, Bahrain, and Panama and the Caribbean.

The ranking, which is the third edition, does say that Switzerland has lost ground on international market volume (IMV) and that other centres are catching it up in this regard. Hong Kong has the highest growth rate in IMV (up 122 percent in the last seven years), and the US (up 48 percent) is also gaining ground, it says.

Whilst Switzerland remains the biggest wealth management centre, others have struggled. Panama and the Caribbean have lost the most ground. Deloitte says there is “a clear divide between the best and the rest.” It says that the “lowest ranked of the nine centres, especially Panama and the Caribbean, are worst by almost every measure.”

However, it also highlights Hong Kong as an exception to this. It has “the largest NNA growth, its IMV is rising, and it is among the best for competitiveness; however, it has an increasing cost-income ratio, so growth is coming at a price.”

Share with Linkedin Share with Twitter
Poor   Average   Good   Excellent
thewealthnet archives contain 50,727 articles dating back to 1997,making it the largest single source of information on the wealth management industry world-wide. To search for more articles, please click here.


© This article originally featured on thewealthnet. It is protected by international copyright law. If you copy this article illegally, you will be liable to prosecution. All rights in and relating to this article are expressly reserved. No part of this article may be reproduced, stored in a retrieval system or transmitted in any form or by any means without written permission from the publishers.

    Latest Headlines:    by Topic | All News
  Advertise   |   Contribute   |   Press Release   |   Terms of Use   |   Privacy   |   Contact Us Copyright Pam Insight Ltd., All Rights Reserved