Wealth managers not ready for rise in HNWI demand for offshore investments: GlobalData

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Wealth managers not ready for rise in HNWI demand for offshore investments: GlobalData

Wealth managers will have to review their offshore service propositions in lieu of an expected rise in high net worth (HNW) demand, according to GlobalData, a data and analytics company. GlobalData's 2019 Global Wealth Managers Survey noted that 50.2% of industry participants expect HNW demand for offshore investments to rise as it becomes increasingly easy to access offshore markets. In comparison, just 9.1% believe demand will fall. Heike Van Den Hoevel, Senior Wealth Management Analy...

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Author spotlight

Christopher Copper-Ind

Christopher Copper-Ind is editor-in-chief of International Investment. Before this, he was editorial director of The Business Year, from 2014 to 2017.