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November 16, 2020

WealthTech most mentioned trend by top influencers on Twitter ranked by GlobalData in Q3 2020

WealthTech, personal finance and financial planning have become the most mentioned trends among the top 10 wealth influencer discussions on Twitter during Q3 2020, according to GlobalData, a leading data and analytics company.

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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.

The discussions on WealthTech indicated the expansion of digitalisation in wealth management industry, and this was mostly accelerated by the Covid-19 pandemic.

GlobalData influencer expert Smitarani Tripathy said: “WealthTech-based management firms have embraced digital technologies to address the underlying gaps in financial advice and customer satisfaction.”

Among the other two mentioned trends were ‘personal finance’ and ‘financial, led by increase in discussions on how the Covid-19 impacted the outlook for personal finance and new guidelines on financial planning during the ongoing pandemic.

Wealthfront, a California-based automated investment service firm, was the most mentioned company, followed by The Goldman Sachs Group and Bank of America.

Tripathy added: “The discussions related to Wealthfront, one of the leading robo-advisors, revealed about the launch of new service ‘Autopilot’ in September 2020, which automates clients’ savings and investment strategy. This service is a competitive service with digital banking.”

An analysis of Wealth Management Influencer Platform of GlobalData, ranked Robin Powell, editor at The Evidence-Based Investor, as the top influencer during Q3 2020, who largely shared financial advice for investment industry on Twitter.

The Wealth Management Influencer Platform tracks over 200 leading industry experts and their discussions on the emerging trends, pain areas, new fields of innovation and other popular areas on Twitter.

 

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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