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September 6, 2012updated 04 Apr 2017 3:35pm

Skandia International strengthens team in Asia

Skandia International, the offshore business of Old Mutual Wealth Management, has made three senior appointments in Singapore and Hong Kong in a bid to capitalise on the strong growth prospects it sees in the region. Craig Ellis has been appointed head of region and principal officer for Royal Skandia in Singapore and Southeast Asia, the offshore arm of Skandia International

By Lizabeth Davis

Skandia International, the offshore business of Old Mutual Wealth Management,  has made three senior appointments in Singapore and Hong Kong in a bid to capitalise on the strong growth prospects it sees in the region.

Free Report
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Analyze opportunies within the wealth management market in APAC

GlobalData’s ‘Asia-Pacific Wealth Management: Market Sizing and Opportunities to 2026’ report provides a comprehensive overview of the Asia-Pacific (APAC) wealth management market.
  • The report analyzes the APAC wealth and retail savings and investments markets. This includes affluent market size, both by number of individuals and the value of their liquid assets.
  • The affluent population grew by 5.3% in 2021 and is expected to grow at an AAGR of 4.8% between 2022 and 2026.
  • The value of liquid assets held by the affluent segment surged by 8.4% in 2021, backed by economic recovery. HNW individuals’ financial wealth grew by 12%, while mass affluent individuals’ wealth grew by 6.0%.
  • The report provides an analysis of factors driving liquid asset growth. It is also split into asset classes - equities, mutual funds, deposits, and bonds.
  • The affluent population are more risk-tolerant and invest a significant proportion of their investments in risky assets such as equities, compared to emerging affluent and mass market individuals.
The report also provides data and insights on the size of offshore holding of HNW investors in the APAC region.
by GlobalData
Enter your details here to receive your free Report.

Craig Ellis has been appointed head of region and principal officer for Royal Skandia in Singapore and Southeast Asia, the offshore arm of Skandia International.  He will have responsibility for operations, regulatory functions and strategic relationship development.

Chris Ivinson  has also been appointed head of sales for Singapore and the Southeast Asia region and will report to Ellis.

In Hong Kong, Alan Leung will serve as head of strategic development for the Hong Kong region. The newly-created role will involve supporting the local Hong Kong and Chinese distribution partners and identifying new opportunities to increase sales in the region.

Victor France, sales director for Skandia International, said theappointments reinforce the provider’s commitment to working more closely with “quality distribution partners” across the Asia region.

Free Report
img

Analyze opportunies within the wealth management market in APAC

GlobalData’s ‘Asia-Pacific Wealth Management: Market Sizing and Opportunities to 2026’ report provides a comprehensive overview of the Asia-Pacific (APAC) wealth management market.
  • The report analyzes the APAC wealth and retail savings and investments markets. This includes affluent market size, both by number of individuals and the value of their liquid assets.
  • The affluent population grew by 5.3% in 2021 and is expected to grow at an AAGR of 4.8% between 2022 and 2026.
  • The value of liquid assets held by the affluent segment surged by 8.4% in 2021, backed by economic recovery. HNW individuals’ financial wealth grew by 12%, while mass affluent individuals’ wealth grew by 6.0%.
  • The report provides an analysis of factors driving liquid asset growth. It is also split into asset classes - equities, mutual funds, deposits, and bonds.
  • The affluent population are more risk-tolerant and invest a significant proportion of their investments in risky assets such as equities, compared to emerging affluent and mass market individuals.
The report also provides data and insights on the size of offshore holding of HNW investors in the APAC region.
by GlobalData
Enter your details here to receive your free Report.

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