Keine Artikel im Warenkorb

Tapping the Thai Wealth Market

This report looks at the size and composition of the wealth market in Thailand, analyzing the opportunities that exist for regional and local players and providing the best strategies for entry. Competitive dynamics and customer tendencies are analysed, including an insight into the offshore nature of investors in these markets.

Scope
Macroeconomic and savings and investment data collected directly from governmental sources such as the Bank of Thailand
Insight into the Thai financial services market obtained through in-depth interviews with the main wealth managers and private bankers
Sizing and forecasting of mass affluent and high net worth individuals generated from Datamonitor's proprietary Global Wealth Model

Highlights
As an indication of their dominance, domestic banks held 99.3% of all deposits of individuals in the Thai market, which gives them a distinct advantage when it comes to wealth management.

The provision of specialist services in Thailand for affluent individuals seems to be the exception rather than the rule. Of the major domestic banks, only Thai Military Bank, Bangkok Bank and Krung Thai Bank have an affluent offering outside of their normal retail banking services.

Even mass affluent clients require relationship management and an elevated level of service and this can be done through dedicated branches of the kind seen in other countries.

Reasons to Purchase
Allows wealth managers to monitor threats and opportunities posed by their main competition
Forecasts the market to 2008, allowing you to plan strategies on the basis of detailed market information
Helps plan products and services by giving key information on customers' financial services preferences

CHAPTER 1 INTRODUCTION

What is this report about?
Who is the target reader?
How to use this report

CHAPTER 2 THAILAND

Introduction and macroeconomic background
Population and GDP
Inflation and interest rates
FDI
Retail savings & investments
Affluent individuals
Offshore tendency
Affluent individuals and their assets
Regulatory environment
Financial services
Capital markets
Banking structure
Local players
Foreign entrants
Onshore services
Offshore services
Future outlook
Customer outlook
Wealth market outlook
Data

CHAPTER 3 APPENDIX

Definitions
AAGR
CAGR
Gini index
Liquid assets
Liquid asset bands
Research methodology
The Global Wealth Model
The UK sub model
Asia-Pacific sub model
Forecasting methodology
Datamonitor’s wealth numbers compared with others’ numbers
Bespoke Wealth Market Sizing
Further reading
Datamonitor Asia-Pacific Wealth Reports
Datamonitor Asia-Pacific Insight Reports
Datamonitor Global Wealth Service: Competitor Tracking
Datamonitor Financial Services Consulting
Asia-Pacific contacts

LIST OF TABLES
Table 1: Datamonitor’s wealth market coverage 8
Table 2: The local players have a large share of the Malaysian banking market, 2004
Table 3: Specialist offerings available in Thailand
Table 4: GDP and S&I growth over the 1998-2003 period
Table 5: Bank rate, adult population and inflation, 1998-2003
Table 6: Thai retail liquid assets, 1998-2003
Table 7: Components of GDP, 2003
Table 8: Number of Thai mass affluent individuals, 1998-2003
Table 9: Liquid assets of Thai mass affluent individuals, 1998-2003
Table 10: Number of Thai high net worth individuals, 1998-2003
Table 11: Liquid assets of Thai mass affluent individuals, 1998-2003
Table 12: Forecasted retail liquid assets, 2003-2008
Table 13: Forecasted number of Thai mass affluent individuals, 2003-2008
Table 14: Forecasted liquid assets of Thai mass affluent individuals, 2003-2008
Table 15: Forecasted number of Thai high net worth individuals, 2003-2008
Table 16: Forecasted liquid assets of Thai high net worth individuals, 2003-2008
Table 17: Wealth markets that have been modeled using the Global Wealth Model

LIST OF FIGURES
Figure 1: Methodology diagram and report structure
Figure 2: Major components of Thai GDP, %, 2003
Figure 3: Thailand’s interest rates have fallen in recent years in keeping with the global trend
Figure 4: Retail savings and investment assets in Thailand have grown faster than the economy over the last five years
Figure 5: Deposits were the slowest growing investment vehicle for Thai investors between 1998 and 2003
Figure 6: The liquid wealth of mass affluent individuals in Thailand grew at a rate of 6.8% CAGR over the 1998-2003 period
Figure 7: The number of Thai HNW individuals grew by 7.2% AAGR over the 1998-2003 period
Figure 8: HNW individuals will own almost half of total retail liquid wealth in 2008
Figure 9: The mass affluent population will grow at a rate of 9.8% over the 2003-2008 period
Figure 10: There will be 39,000 more high net worth individuals in Thailand in 2008 than in 2003