|
|
 |
|
Viewing report
|
|
|
|
Offshore Financial Services in the British Isles 2004
Datamonitor, Sep 2004, Pages: 82
CHAPTER 1 INTRODUCTION
What is this report about?
Who is the target reader?
How to use this report?
CHAPTER 2 MARKET CONTEXT
Introduction
The offshore deposits and mutual funds market, 1999-2003
Market size of British Isles offshore markets, 1999-2003
Retail versus institutional deposits and mutual funds, 2003
Market growth in Guernsey, 1999-2003
Market growth in Jersey, 1999-2003
Market growth in the Isle of Man, 1999-2003
Regulation and taxation
Guernsey
Jersey
Isle of Man
The Patriot Act
European Savings Tax Directive
Data tables
CHAPTER 3 CUSTOMER FOCUS
Introduction
Source of offshore deposits and funds, 2003
Average wealth held by customers of British Isles offshore competitors
Features demanded by offshore clients in the British Isles
Current source of business
Data tables
CHAPTER 4 COMPETITIVE DYNAMICS
Introduction
The main players in the British Isles offshore financial services
The British Isles’ most innovative offshore providers
Competitor profiles
Liberty Ermitage
Close Wealth Management
HSBC
Barclays Private Clients and International
CHAPTER 5 THE FUTURE DECODED
Introduction
Future threats and opportunities
Biggest threats to the British Isles offshore financial services
Best opportunities in offshore financial services in the British Isles
Most likely to gain market share
The British Isles offshore deposits and mutual funds market, 2004-6
Market growth, 2004-6
Likely changes to geographic source of business
Data tables
CHAPTER 6 APPENDIX
Definitions
Research methodology
Offshore data
Forecast methodology
Offshore Market Leaders Survey
Further reading
Our Global Wealth Service SPP: Reports
Our Global Wealth Service SPP: Insight Reports
Our Global Wealth Service SPP: Competitor Tracking
Our Savings & Investments SPP Reports
SPP Team
LIST OF TABLES
Table 1: Key personal taxation rates in British Isles jurisdictions, August 2004
Table 2: Comparison of Britannia International and Alliance & Leicester deferred interest accounts, August 2004
Table 3: Deposits and investment funds held in Guernsey by type of client, 1999-2003
Table 4: Deposits and investment funds held in the Isle of Man by type of client, 1999-2003
Table 5: Deposits and investment funds held in Jersey by type of client, 1999-2003
Table 6: What effect do you think the Patriot Act will have on your jurisdiction?
Table 7: What impact do you think the EU Savings Tax Directive will have on your jurisdiction?
Table 8: Have you formally communicated the EU Savings Tax Directive and its implication to your clients?
Table 9: If you have not yet, do you plan to do this formally?
Table 10: Are specialized products being developed in your jurisdiction to mitigate the EU Savings Tax Directive?
Table 11: Location of registered offices in British Isles jurisdictions of leading offshore players in the region
Table 12: What would you say is the average wealth of your offshore customer base?
Table 13: What are the three most important features that your [local/expatriate/corporate] customers look for when choosing you as their financial services provider?
Table 14: Geographic source of offshore deposits by British Isles jurisdiction, 2003
Table 15: Geographic source of offshore mutual funds by British Isles jurisdiction, 2003
Table 16: Liberty Ermitage fund of hedge funds range
Table 17: CWM’s list of employee services clients as of November 2003
Table 18: What will be the biggest threat to offshore revenues in your jurisdiction in the next two years?
Table 19: What will make it hardest for competitors in your jurisdiction to gain more offshore clients in the next two years?
Table 20: Thinking about opportunities in your offshore market, what will be the best way to increase revenues in your jurisdiction in the next two years?
Table 21: What will be the best way to gain more offshore clients in your jurisdiction in the next two years?
Table 22: Forecast size of British Isles offshore deposits market 2002-6f
Table 23: Forecast size of British Isles offshore mutual funds market 2002-6f
LIST OF FIGURES
Figure 1: Having grown total assets by EUR72.5bn since 1999, Jersey remains the dominant offshore centre in the British Isles
Figure 2: Retail rather than instituitional assets represent the dominant share of assets for each British Isles jurisdiction in 2003
Figure 3: Inflows of institutional fund business has been the main spur to growth in the Guernsey offshore sector 1999-2003
Figure 4: Jersey has benefited from strong growth in offshore retail deposit business between 1999-2003
Figure 5: Isle of Man offshore assets are increasingly dominated by retail deposits, 1999-2003
Figure 6: Offshore competitors in the British Isles are much more concerned about the impact of the EU Savings Tax Directive than that of the Patriot Act
Figure 7: Around one in four offshore providers in the British Isles have not formally communicated the impact of the EU Savings Directive and have no intention of doing so
Figure 8: Most offshore competitors in the British Isles are developing products to mitigate the effects of the EU Savings Tax Directive
Figure 9: UK clients accounted for around a quarter of total offshore assets held in Guernsey in 2003
Figure 10: UK and US clients together account for over two fifths of offshore assets held in Jersey in 2003
Figure 11: UK clients account for by far the greatest share of offshore assets held in the Isle of Man, 2003
Figure 12: The average customer wealth of British Isles offshore financial services providers is typically EUR100,000 - EUR500,000
Figure 13: Customer service, coupled with competitive rates and a strong brand are key in attracting local, expatriate and corporate customers
Figure 14: Royal Bank of Scotland International is considered the biggest competitor in offshore deposits by its peers in the British Isles
Figure 15: Barclays Private Clients is viewed as the biggest competitor for offshore mutual funds among its peers in the British Isles
Figure 16: HSBC and Abbey are considered the most innovative offshore deposit providers in the British Isles by their competitors
Figure 17: HSBC is considered the most innovative offshore mutual funds provider in the British Isles by its competitors
Figure 18: The threat of assets moving onshore in response to changes to taxation laws is seen as the biggest threat to offshore revenues in the British Isles over the next two years
Figure 19: The EU Savings Tax Directive is expected to be the biggest obstacle to growth in offshore business in the British Isles
Figure 20: Marketing has a key role to play in growing offshore revenues in the British Isles over the next two years
Figure 21: Partnerships with intermediaries are expected to provide the best way of gaining offshore clients in the next two years
Figure 22: Offshore providers in the British Isles expect HSBC and Royal Bank of Scotland to gain most market share in the next two years
Figure 23: In spite of regulatory change, the British Isles offshore deposit market is expected to continue growing through to 2006
Figure 24: Guernsey and Jersey are expected to generate strong growth in offshore mutual funds to 2006
Figure 25: Offshore competitors in the British Isles expect Middle Eastern clients to provide greatest impetus to growth
Customers who bought this item also bought
Offshore Financial Services in the British Isles 2005
Offshore Financial Services in the British Isles 2006
Offshore Financial Services in Dublin and the British Isles 2003
Regional Drivers of the Future Offshore Market in the British Isles 2006
Offshore Deposits and Funds Database 2009
Offshore Financial Services Databook 2004
Offshore Deposits and Funds Database 2005
Offshore Fund Management 2005
Offshore Financial Services in the Caribbean 2004
Offshore Financial Services Database 2008
Offshore Financial Services Databook 2003
Offshore Insurance Markets: Life and non-life insurance in Dublin Ifsc, Guernsey, Jersey, Isle of Man, Luxembourg
|
|
|
|
