Banking on Big Data
Big data is the key to better risk management.
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The shifting landscape of global wealth: Future-proofing prosperity in a ti...
In some instances the impact of this shift will be shaped by local factors, such as demographic changes. In other instances this shift will reflect shared characteristics, as demonstrated by the greater popularity of overseas investing among younger high-net-worth individuals (HNWIs) brought up in an era of globalisation. Whatever the drivers, the landscape of wealth is changing—from local to global, and from one focused on returns to one founded on personal values.
Despite rising economic concerns and a tradition of investor home bias in large parts of the world, the new landscape of wealth appears less interested in borders. According to a survey commissioned by RBC Wealth Management and conducted by The Economist Intelligence Unit (EIU), younger HNWIs are substantially more enthusiastic about foreign investing. The U.S. is a particularly high-profile example of a country where a long-standing preference for investments in local markets appears set to be transformed.
Click the thumbnail below to download the global executive summary.
Read additional articles from The EIU with detail on the shifting landscape of global wealth in Asia, Canada, the U.S. and UK on RBC's website.
Fintech in ASEAN
To better understand the opportunities and challenges in developing a fintech business in seven ASEAN markets, The Economist Intelligence Unit conducted wide-ranging desk research supplemented by seven in-depth interviews with executives in Australia and ASEAN.
Download report and watch video interview to learn more.
Risks and opportunities in a changing world
Read our Taxing digital services, U.S. tax reform: The global dimension, & Planning for life after NAFTA articles by clicking the thumbnails below.
Revealing the paths to 2040: four possible scenarios for insurance
The insurance sector today finds itself at an inflection point. An industry fundamentally concerned with risk management is grappling with a range of profound uncertainties that will alter its evolution in the coming years. From the rising incidence of extreme weather events and natural disasters due to climate change to geopolitical volatility and shifting demographics, insurers are facing unprecedented challenges. Longstanding risk models are also being upended by rapid technological advances and evolving market needs.
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Related content
The shifting landscape of global wealth: Future-proofing prosperity in a ti...
In some instances the impact of this shift will be shaped by local factors, such as demographic changes. In other instances this shift will reflect shared characteristics, as demonstrated by the greater popularity of overseas investing among younger high-net-worth individuals (HNWIs) brought up in an era of globalisation. Whatever the drivers, the landscape of wealth is changing—from local to global, and from one focused on returns to one founded on personal values.
Despite rising economic concerns and a tradition of investor home bias in large parts of the world, the new landscape of wealth appears less interested in borders. According to a survey commissioned by RBC Wealth Management and conducted by The Economist Intelligence Unit (EIU), younger HNWIs are substantially more enthusiastic about foreign investing. The U.S. is a particularly high-profile example of a country where a long-standing preference for investments in local markets appears set to be transformed.
Click the thumbnail below to download the global executive summary.
Read additional articles from The EIU with detail on the shifting landscape of global wealth in Asia, Canada, the U.S. and UK on RBC's website.
Fintech in ASEAN
To better understand the opportunities and challenges in developing a fintech business in seven ASEAN markets, The Economist Intelligence Unit conducted wide-ranging desk research supplemented by seven in-depth interviews with executives in Australia and ASEAN.
Download report and watch video interview to learn more.
Risks and opportunities in a changing world
Read our Taxing digital services, U.S. tax reform: The global dimension, & Planning for life after NAFTA articles by clicking the thumbnails below.
Can disruptive technologies bolster the competitiveness of North American Banks?
- Even more respondents in North America are convinced than those in other regions (90%, compared with 63% globally) that technology will be the trend to have the biggest impact on banks in their country in the next five years.
- Product agility and enabling embedded finance are bigger strategic priorities for North American banks than those in other regions in the next five years. Accordingly, they are investing more on agile technology delivery (DevOps) and blockchain technology.
More from this series
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Related content
The shifting landscape of global wealth: Future-proofing prosperity in a ti...
In some instances the impact of this shift will be shaped by local factors, such as demographic changes. In other instances this shift will reflect shared characteristics, as demonstrated by the greater popularity of overseas investing among younger high-net-worth individuals (HNWIs) brought up in an era of globalisation. Whatever the drivers, the landscape of wealth is changing—from local to global, and from one focused on returns to one founded on personal values.
Despite rising economic concerns and a tradition of investor home bias in large parts of the world, the new landscape of wealth appears less interested in borders. According to a survey commissioned by RBC Wealth Management and conducted by The Economist Intelligence Unit (EIU), younger HNWIs are substantially more enthusiastic about foreign investing. The U.S. is a particularly high-profile example of a country where a long-standing preference for investments in local markets appears set to be transformed.
Click the thumbnail below to download the global executive summary.
Read additional articles from The EIU with detail on the shifting landscape of global wealth in Asia, Canada, the U.S. and UK on RBC's website.
Fintech in ASEAN
To better understand the opportunities and challenges in developing a fintech business in seven ASEAN markets, The Economist Intelligence Unit conducted wide-ranging desk research supplemented by seven in-depth interviews with executives in Australia and ASEAN.
Download report and watch video interview to learn more.
Risks and opportunities in a changing world
Read our Taxing digital services, U.S. tax reform: The global dimension, & Planning for life after NAFTA articles by clicking the thumbnails below.
Podcast | Unlocking entrepreneurship in Asia-Pacific
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Podcast | How to weather the coming recession
The late 2022 predictions of an impending global recession have not materialised, but the global economy is not out of the woods yet. In the fourth episode of the series "Shelter from the storm: Investing in the era of uncertainty," sponsored by EquitiesFirst, we look at the risk of persistent high inflation and global economic slowdown for Asia-Pacific economies. We also discuss how investors are adjusting their portfolios in response to the new reality of high interest rates.
Our guests are:
Charlie Buxton, head of investment management at The Fry Group Dhruv Arora, founder and CEO of SyfeShelter from the storm: Investing in the era of uncertainty is a five-part podcast series, supported by EquitiesFirst.
The episode is hosted by Piotr Zembrowski, CFA, Senior Manager, Policy and Insights at Economist Impact, and produced by Bilge Arslan and Rudi Osman.
*/The podcast has been prepared for informational purposes only. This episode is not an offering of a financial product or investment advice. It is not intended for residents in any jurisdiction where its use is not authorised or is unlawful.
Follow on Apple podcasts | Spotify | Google podcasts | Your preferred podcasting platforms
Podcast | Protecting investment portfolios against climate change risks
The episode is hosted by Piotr Zembrowski, CFA, Senior Manager, Policy and Insights at Economist Impact, and Bilge Arslan, Analyst, Policy and Insights at Economist Impact.
*/The podcast has been prepared for informational purposes only. This episode is not an offering of a financial product or investment advice. It is not intended for residents in any jurisdiction where its use is not authorised or is unlawful.
Follow on Apple podcasts | Spotify | Google podcasts | Your preferred podcasting platforms
Podcast | Can China's economic slowdown create opportunities in Asia?
This is the second episode in the "Shelter from the storm" series on economic, geopolitical and environmental challenges facing companies and markets today. In this episode, we look at the dominant role of China in Asia's economy and the effect its slowdown might have on the region.
Our guests are:
Raymond Cheng, managing director and chief investment officer for North Asia at Standard Chartered Bank in Hong Kong Martin Hennecke, head of Asia investment advisory at St. James Place Wealth ManagementShelter from the storm: Investing in the era of uncertainty is a five-part podcast series, supported by EquitiesFirst.
The episode is hosted by Piotr Zembrowski, CFA, Senior Manager, Policy and Insights at Economist Impact.
*/The podcast has been prepared for informational purposes only. This episode is not an offering of a financial product or investment advice. It is not intended for residents in any jurisdiction where its use is not authorised or is unlawful.
Follow on Apple podcasts | Spotify | Google podcasts | Your preferred podcasting platforms
Can banks create a true ecosystem with embedded finance?
- New technologies will have the biggest impact on banks in the next five years—more than changing customer demand and evolving regulation. Generative artificial intelligence (AI) in particular is expected to impact banking, according to 75% of respondents to a survey conducted by Economist Impact. More than 70% of survey respondents see unlocking value from AI as a key differentiator between winners and losers.
- Collaboration with fintechs or other technology providers is key to access expertise in emerging technologies as openbanking initiatives multiply across the world.
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Related content
The shifting landscape of global wealth: Future-proofing prosperity in a ti...
In some instances the impact of this shift will be shaped by local factors, such as demographic changes. In other instances this shift will reflect shared characteristics, as demonstrated by the greater popularity of overseas investing among younger high-net-worth individuals (HNWIs) brought up in an era of globalisation. Whatever the drivers, the landscape of wealth is changing—from local to global, and from one focused on returns to one founded on personal values.
Despite rising economic concerns and a tradition of investor home bias in large parts of the world, the new landscape of wealth appears less interested in borders. According to a survey commissioned by RBC Wealth Management and conducted by The Economist Intelligence Unit (EIU), younger HNWIs are substantially more enthusiastic about foreign investing. The U.S. is a particularly high-profile example of a country where a long-standing preference for investments in local markets appears set to be transformed.
Click the thumbnail below to download the global executive summary.
Read additional articles from The EIU with detail on the shifting landscape of global wealth in Asia, Canada, the U.S. and UK on RBC's website.
Fintech in ASEAN
To better understand the opportunities and challenges in developing a fintech business in seven ASEAN markets, The Economist Intelligence Unit conducted wide-ranging desk research supplemented by seven in-depth interviews with executives in Australia and ASEAN.
Download report and watch video interview to learn more.
Risks and opportunities in a changing world
Read our Taxing digital services, U.S. tax reform: The global dimension, & Planning for life after NAFTA articles by clicking the thumbnails below.
Podcast | India’s time to shine? Opportunity and risk in India
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Podcast | Protecting investment portfolios against climate change risks
The episode is hosted by Piotr Zembrowski, CFA, Senior Manager, Policy and Insights at Economist Impact, and Bilge Arslan, Analyst, Policy and Insights at Economist Impact.
*/The podcast has been prepared for informational purposes only. This episode is not an offering of a financial product or investment advice. It is not intended for residents in any jurisdiction where its use is not authorised or is unlawful.
Follow on Apple podcasts | Spotify | Google podcasts | Your preferred podcasting platforms
Podcast | Can China's economic slowdown create opportunities in Asia?
This is the second episode in the "Shelter from the storm" series on economic, geopolitical and environmental challenges facing companies and markets today. In this episode, we look at the dominant role of China in Asia's economy and the effect its slowdown might have on the region.
Our guests are:
Raymond Cheng, managing director and chief investment officer for North Asia at Standard Chartered Bank in Hong Kong Martin Hennecke, head of Asia investment advisory at St. James Place Wealth ManagementShelter from the storm: Investing in the era of uncertainty is a five-part podcast series, supported by EquitiesFirst.
The episode is hosted by Piotr Zembrowski, CFA, Senior Manager, Policy and Insights at Economist Impact.
*/The podcast has been prepared for informational purposes only. This episode is not an offering of a financial product or investment advice. It is not intended for residents in any jurisdiction where its use is not authorised or is unlawful.
Follow on Apple podcasts | Spotify | Google podcasts | Your preferred podcasting platforms
Podcast | Shelter from the storm: Investing in the era of uncertainty
In the first episode in the "Shelter from the storm" series on economic, geopolitical and environmental challenges facing companies and markets today, our guests discuss the realignment of global supply chains and its effect on the economies and industries in Asia Pacific. They talk about ways in which investors can safeguard their portfolios and where they can find opportunities amid the turmoil.
The guests are:
Noli de Pala, CFA, Chief Investment Officer and Executive Director at TriLake Partners, Singapore Gareth Nicholson, Chief Investment Officer and Head of Discretionary Portfolio Management at Nomura International Wealth Management, Singapore.Shelter from the storm: Investing in the era of uncertainty is a five-episode series, sponsored by EquitiesFirst.
*/
The podcast has been prepared for informational purposes only. This episode is not an offering of a financial product or investment advice. It is not intended for residents in any jurisdiction where its use is not authorised or is unlawful.
Follow on Apple podcasts | Spotify | Google podcasts | Your preferred podcasting platforms
Fintech’s new wave: Exploring the impact of recession on the path towards digitalisation
We found that the pandemic accelerated the digitalisation of customer interaction by an average of three years and banks’ share of digital offerings by seven years. [1] However, at the time, we were also beginning to see the effects of digital transformation fatigue and explored the strategies that the world’s biggest banks were deploying to become more agile and customer-centric. Now, a year later, the landscape facing banks has changed dramatically. The covid19 digitalisation boom has come to an end, and the industry is preparing for a global recession.
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Related content
The shifting landscape of global wealth: Future-proofing prosperity in a ti...
In some instances the impact of this shift will be shaped by local factors, such as demographic changes. In other instances this shift will reflect shared characteristics, as demonstrated by the greater popularity of overseas investing among younger high-net-worth individuals (HNWIs) brought up in an era of globalisation. Whatever the drivers, the landscape of wealth is changing—from local to global, and from one focused on returns to one founded on personal values.
Despite rising economic concerns and a tradition of investor home bias in large parts of the world, the new landscape of wealth appears less interested in borders. According to a survey commissioned by RBC Wealth Management and conducted by The Economist Intelligence Unit (EIU), younger HNWIs are substantially more enthusiastic about foreign investing. The U.S. is a particularly high-profile example of a country where a long-standing preference for investments in local markets appears set to be transformed.
Click the thumbnail below to download the global executive summary.
Read additional articles from The EIU with detail on the shifting landscape of global wealth in Asia, Canada, the U.S. and UK on RBC's website.
Fintech in ASEAN
To better understand the opportunities and challenges in developing a fintech business in seven ASEAN markets, The Economist Intelligence Unit conducted wide-ranging desk research supplemented by seven in-depth interviews with executives in Australia and ASEAN.
Download report and watch video interview to learn more.
Risks and opportunities in a changing world
Read our Taxing digital services, U.S. tax reform: The global dimension, & Planning for life after NAFTA articles by clicking the thumbnails below.
ESG priorities in China: How companies in China are approaching ESG
The survey finds that Chinese companies are in a state of transition from largely domestically driven priorities emanating from China’s unique period of breakneck industrialisation to a set of goals more aligned with international ESG practice. Whereas companies were more likely to follow government regulation in the past, the current drivers of this change are primarily demands from investors and customers.
The main findings of the survey as follows:
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Resetting the agenda: How ESG is shaping our future
The Covid-19 pandemic has exposed a wealth of interconnections – between ecological and human wellbeing, between economic and environmental fragility, between social inequality and health outcomes, and more. The consequences of these connections are now filtering through, reshaping our society and economy.
In this setting, the need to integrate environmental, social and governance (ESG) factors when investing has become even more critical. Institutional investors must employ ESG not just to mitigate risks and identify opportunities, but to engage with companies to bring about the positive change needed to drive a sustainable economic recovery in the post-Covid world.
In order to understand how ESG could be both a new performance marker and a growth driver in this environment, as well as how institutional investors are using ESG to make investment decisions and to assess their own performance, The Economist Intelligence Unit (EIU), sponsored by UBS, surveyed 450 institutional investors working in asset and wealth management firms, corporate pension funds, endowment funds, family offices, government agencies, hedge funds, insurance companies, pension funds, sovereign wealth funds and reinsurers in North America, Europe and Asia-Pacific.
Download the report and infographic to learn more.
Charting the course for ocean sustainability in the Indian Ocean Rim
Charting the course for ocean sustainability in the Indian Ocean Rim is an Economist Intelligence Unit report, sponsored by Environment Agency Abu Dhabi and the Department of Economic Development Abu Dhabi, which highlights key ocean challenges facing the Indian Ocean Rim countries and showcases initiatives undertaken by governments and the private sector in the region to address these challenges.
Click here to view the report.
Fixing Asia's food system
The urgency for change in Asia's food system comes largely from the fact that Asian populations are growing, urbanising and changing food tastes too quickly for many of the regions’ food systems to cope with. Asian cities are dense and are expected to expand by 578m people by 2030. China, Indonesia and India will account for three quarters of these new urban dwellers.
To study what are the biggest challenges for change, The Economist Intelligence Unit (EIU) surveyed 400 business leaders in Asia’s food industry. According to the respondents, 90% are concerned about their local food system’s ability to meet food security needs, but only 32% feel their organisations have the ability to determine the success of their food systems. Within this gap is a shifting balance of responsibility between the public and private sectors, a tension that needs to and can be strategically addressed.
Podcast | What would a protracted war in Ukraine mean for Asia-Pacific economies?
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Podcast | Shelter from the storm: Investing in the era of uncertainty
In the first episode in the "Shelter from the storm" series on economic, geopolitical and environmental challenges facing companies and markets today, our guests discuss the realignment of global supply chains and its effect on the economies and industries in Asia Pacific. They talk about ways in which investors can safeguard their portfolios and where they can find opportunities amid the turmoil.
The guests are:
Noli de Pala, CFA, Chief Investment Officer and Executive Director at TriLake Partners, Singapore Gareth Nicholson, Chief Investment Officer and Head of Discretionary Portfolio Management at Nomura International Wealth Management, Singapore.Shelter from the storm: Investing in the era of uncertainty is a five-episode series, sponsored by EquitiesFirst.
*/
The podcast has been prepared for informational purposes only. This episode is not an offering of a financial product or investment advice. It is not intended for residents in any jurisdiction where its use is not authorised or is unlawful.
Follow on Apple podcasts | Spotify | Google podcasts | Your preferred podcasting platforms
The shifting landscape of global wealth: Future-proofing prosperity in a ti...
In some instances the impact of this shift will be shaped by local factors, such as demographic changes. In other instances this shift will reflect shared characteristics, as demonstrated by the greater popularity of overseas investing among younger high-net-worth individuals (HNWIs) brought up in an era of globalisation. Whatever the drivers, the landscape of wealth is changing—from local to global, and from one focused on returns to one founded on personal values.
Despite rising economic concerns and a tradition of investor home bias in large parts of the world, the new landscape of wealth appears less interested in borders. According to a survey commissioned by RBC Wealth Management and conducted by The Economist Intelligence Unit (EIU), younger HNWIs are substantially more enthusiastic about foreign investing. The U.S. is a particularly high-profile example of a country where a long-standing preference for investments in local markets appears set to be transformed.
Click the thumbnail below to download the global executive summary.
Read additional articles from The EIU with detail on the shifting landscape of global wealth in Asia, Canada, the U.S. and UK on RBC's website.
Fintech in ASEAN
To better understand the opportunities and challenges in developing a fintech business in seven ASEAN markets, The Economist Intelligence Unit conducted wide-ranging desk research supplemented by seven in-depth interviews with executives in Australia and ASEAN.
Download report and watch video interview to learn more.
Tech redefines ageing: how tech is enabling productive lives for older populations
Globally, advances in healthcare have significantly improved not just life expectancies, but also the quality of people’s health in older age. These changes are raising questions around how greying populations can be supported by technological innovations so they can continue living productive lives.
Related content
The shifting landscape of global wealth: Future-proofing prosperity in a ti...
In some instances the impact of this shift will be shaped by local factors, such as demographic changes. In other instances this shift will reflect shared characteristics, as demonstrated by the greater popularity of overseas investing among younger high-net-worth individuals (HNWIs) brought up in an era of globalisation. Whatever the drivers, the landscape of wealth is changing—from local to global, and from one focused on returns to one founded on personal values.
Despite rising economic concerns and a tradition of investor home bias in large parts of the world, the new landscape of wealth appears less interested in borders. According to a survey commissioned by RBC Wealth Management and conducted by The Economist Intelligence Unit (EIU), younger HNWIs are substantially more enthusiastic about foreign investing. The U.S. is a particularly high-profile example of a country where a long-standing preference for investments in local markets appears set to be transformed.
Click the thumbnail below to download the global executive summary.
Read additional articles from The EIU with detail on the shifting landscape of global wealth in Asia, Canada, the U.S. and UK on RBC's website.
Fintech in ASEAN
To better understand the opportunities and challenges in developing a fintech business in seven ASEAN markets, The Economist Intelligence Unit conducted wide-ranging desk research supplemented by seven in-depth interviews with executives in Australia and ASEAN.
Download report and watch video interview to learn more.
Risks and opportunities in a changing world
Read our Taxing digital services, U.S. tax reform: The global dimension, & Planning for life after NAFTA articles by clicking the thumbnails below.