The Deloitte Wealth Management Centre Ranking 2015

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The Deloitte Wealth Management Centre Ranking 2015

Capturing value in a shifting environment

Deloitte in Switzerland has analysed the international client asset development of the leading worldwide private wealth management centres in its second Deloitte Wealth Management Centre Ranking.

The 2015 report also analyses the performance of Swiss-based wealth managers and makes recommendations for improvement.

The Deloitte Wealth Management Centre Ranking 2015

Key findings:

  • Global international wealth management market volume grew from 2008 to 2014 by 2.2%, to 9.2 tn USD: Switzerland maintained its position as leading wealth management centre and Hong Kong is the fasted growing centre (+142% since 2008).
  • However, market volume growth was driven by capital market performance, not net new client assets. Overall net new assets in international wealth management are down 23% globally and 7% for Switzerland.
  • Swiss domestic market volume grew by 43% since 2008, international market volume by 7%, reducing the relative importance of international market volume for Switzerland.
  • Moreover, overall profit margin for Switzerland has been decreasing annually by 5%. Swiss providers face challenges in terms of of revenue efficiency and cost productivity.
  • Urgent strategic changes are necessary, driven by a clear understanding of the future target state. 
The Deloitte Wealth Management Centre Ranking 2015
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