Wealth Management in Hungary

Wealth Management in Hungary

Wealth Management in Hungary

The wealth management market in Hungary is becoming much more competitive, spurred on by the growth of domestic providers. Hungarian high net worths, however, remain unsophisticated and staunchly conservative when it comes to investments. To succeed in the country, wealth managers need to know what this lucrative customer wants from them, in terms of products, services and interactions.

Scope

* Sizes, segments and forecasts the number of affluent individuals across 10 liquid asset bands from EUR50k.
* Primary research among domestic wealth managers provides insight into HNWs and the private banking market.
* Utilizes Datamonitor’s proprietary Wealth Management Opportunity Index to score the attractiveness of the market.

Highlights

The steady growth that characterized the Hungarian economy has given way to a rather poor performance and the country faces a difficult path back to stability. In spite of this, Datamonitor’s figures show that the number of Hungarian affluents actually grew in 2008, thanks in good part to a preference for more conservative investment products.

Hungarian HNWs are relatively unsophisticated and conservative when it comes to their wealth, although their rather simple portfolio allocations are swayed by high interest rates. Wealth managers need to cater for this by offering them: personal service; low risk, understandable products; and customized education in investment matters

The competitive landscape of the Hungarian wealth management market has seen important changes over the last decade, with a number of international wealth managers gaining a presence in the market.

However, it is the domestic bank, OTP, which occupies the number one spot in Hungary’s wealth management landscape. This report profiles OTP.

Reasons to Purchase

* Understand the opportunities for foreign wealth managers in this market through business success insights from the major players.
* Assess market attractiveness by reviewing size and growth forecasts for the potential wealthy client base five years ahead.
* See how the Hungarian wealth management market scores against Datamonitor’s Opportunity Index.

To know more and to buy a copy of your report to feel free to visit :
http://www.bharatbook.com/detail.asp?id=109464&rt=Wealth-Management-in-Hungary.html

Related Reports

Wealth Management in Australia
http://www.bharatbook.com/detail.asp?id=109466&rt=Wealth-Management-in-Australia.html

Wealth Management in Italy
http://www.bharatbook.com/detail.asp?id=100527&rt=Wealth-Management-in-Italy.html

Or

Contact us at :

Bharat Book Bureau
Tel: +91 22 27578668
Fax: +91 22 27579131
Email: info@bharatbook.com
Website: www.bharatbook.com
Follow us on twitter: http://twitter.com/3bbharatbook