Measured by total assets (i.e. offshore deposits and mutual funds) Jersey is by far the largest of the British Isles offshore jurisdictions. At EUR329bn, it is more than twice the size of Guernsey and nearly ten times that of the Isle of Man. The latter, however, has been growing most quickly, at around 12% per annum since 1999.
Though competitors in the British Isles are relatively relaxed about the implications of the Patriot Act, more than 90% of executives surveyed see a negative impact arising from the EU Savings Tax Directive. Concerns centre not just on a loss of tax competitiveness, but on the effects of a perceived loss of confidentiality among clients
This report provides sizes and segments (retail v institutional) for the offshore deposits and mutual funds markets in Jersey, Guernsey and Isle of Man. Competitor insight on customer preferences, issues, trends and competitive dynamics based on a large scale B2B survey of the main players are provided. The offshore Market Leaders Survey 2004 canvassed the opinion of 30 senior executives on the key issues facing the market.
Forecasts of each market are also provided, giving an independent view on each jurisdiction to 2006.
Chapters Provided Include:
- Market Context
- Customer Focus
- Competitive Dynamics
(Competitor Profiles include: Liberty Ermitage, Close Wealth Management, HSBC)
Barclays Private Clients And International
- The Future Decoded 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
For more information visit http://www.researchandmarkets.com/reports/c10332
Laura Wood
Senior Manager
Research and Markets
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