fbpx
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA
Tuesday, March 28, 2023
Online Crypto College
CREATE FREE ACCOUNT
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Altcoin
    • Blockchain
    • Regulation
    • Trading
  • Learn Crypto For Free
  • Login
No Result
View All Result
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Altcoin
    • Blockchain
    • Regulation
    • Trading
  • Learn Crypto For Free
  • Login
No Result
View All Result
Online Crypto College
No Result
View All Result

Wealth Management Firms In Asia are Cautious To Promote Digital Assets

June 8, 2022
in Crypto News
Reading Time: 2 mins read
A A
Wealth Management Firms In Asia are Cautious To Promote Digital Assets
ShareShareShareShareShare

Related articles

Shiba Inu: Billion-$-industry in Paris begin accepting SHIB as payment

Shiba Inu: Billion-$-industry in Paris begin accepting SHIB as payment

March 27, 2023
U.S. regulator sues CZ – Desperate attempt to damage Binance?

U.S. regulator sues CZ – Desperate attempt to damage Binance?

March 27, 2023
  • Asian investors are interested in digital assets, but wealth management firms are hesitant to support them.
  • A survey in the report shows that over half of Asian investors own virtual assets in some way.
  • 91% of investors indicated that their investing goals were neither met nor exceeded in 2021.

According to a recent Accenture report, investors in the Asia-Pacific area increasingly expect their main asset manager to provide them with additional financial advice services as the market becomes more difficult. Asian investors have a great interest in digital assets, but wealth management organizations are reluctant to provide that need.

Many Asian investors have already committed funds to digital assets, and many more are expected to do so this year, according to the Accenture report titled ‘The Future of Asia Wealth Management’. However, only a small number of advisory companies are willing or able to assist them with this.

Research shows that wealth management businesses have set plans to almost quadruple assets under management and increase revenues by 60% by 2025 relative to 2021 levels in Asia, which is the primary center of operation for these firms.

Despite this, in order to achieve their lofty growth targets, companies would have to concentrate on retaining and attracting rich clientele. Their present relationship managers (RMs) would have to be retained, and new ones would have to be recruited, all in a market where competent RMs are in limited supply.

Less than half of investors are happy with their primary wealth manager, even though 91% indicated their investing goals were met or exceeded last year. As market volatility rises, providing investment returns will become more difficult, according to the report.

Source: Accenture

Offering financial guidance and addressing a wider variety of investor objectives would boost customer satisfaction. Investors who are happy with their adviser hold six percent more assets with their main finance advisor.

It is apparent that investors are seeking new things to invest in and that this includes digital assets, said Nicole Bodack, Accenture’s Growth Markets group head.

Some financial managers have already begun the transformation and integration of next-generation advising into their offering. Companies, on the other hand, will need to develop RMs in key aspects so that they can satisfy the demands of their current customers and gain new clients in the long term, according to Accenture.

Credit: Source link

ShareTweetSendPinShare
Previous Post

Citadel Securities to Develop Crypto Trading Marketplace

Next Post

Bitcoin Transferred $98,769 of Value for Just $1 in Fees Last Month, Analyst Says

Related Posts

Shiba Inu: Billion-$-industry in Paris begin accepting SHIB as payment

Shiba Inu: Billion-$-industry in Paris begin accepting SHIB as payment

March 27, 2023

Shiba Inu, among other crypto assets supported by Binance Pay and Alchemy Pay, can be used to pay for Instapower...

U.S. regulator sues CZ – Desperate attempt to damage Binance?

U.S. regulator sues CZ – Desperate attempt to damage Binance?

March 27, 2023

The CFTC is suing Binance CEO Changpeng Zhao, accusing him of breaching trading rules. Operation Choke point 2.0 continues. Attacks...

Cardano news hints at possibility for product integration from Avorak AI

Cardano news hints at possibility for product integration from Avorak AI

March 27, 2023

AI integrations in the rapidly changing world of Blockchain technology are a must for secure, scalable, and user-friendly applications. A...

Binance and CEO Changpeng Zhao Face Legal Action by U.S. CFTC For Alleged Derivatives Trading Violations

Binance and CEO Changpeng Zhao Face Legal Action by U.S. CFTC For Alleged Derivatives Trading Violations

March 27, 2023

Binance, one of the world’s largest cryptocurrency exchanges, has been facing regulatory concerns from authorities around the world. The exchange...

Bitcoin Price Analysis: Orbiting 27901

Bitcoin Price Analysis: Orbiting 27901

March 27, 2023

BTC/USD Orbiting 27901 Level:  Sally Ho’s Technical Analysis – 28 March 2023 Bitcoin (BTC/USD) worked to sustain marginal gains early...

Load More
Next Post
Bitcoin Transferred $98,769 of Value for Just $1 in Fees Last Month, Analyst Says

Bitcoin Transferred $98,769 of Value for Just $1 in Fees Last Month, Analyst Says

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Investors Turn To Orbeon Protocol (ORBN) For Further Profits As Dogecoin (DOGE) And Tron (TRX) Show Signs Of Slowing Down

Investors Turn To Orbeon Protocol (ORBN) For Further Profits As Dogecoin (DOGE) And Tron (TRX) Show Signs Of Slowing Down

March 24, 2023
Rate cuts are now the expectation as fed balance sheet grows

Rate cuts are now the expectation as fed balance sheet grows

March 24, 2023
Former OKX Investment head accused of sexual harassment

Former OKX Investment head accused of sexual harassment

March 25, 2023
What is a Wallet? Guide to storing Bitcoin

What is a Wallet? Guide to storing Bitcoin

March 24, 2023
Investors Flock to US Money Market Funds Amid Banking Crisis

Investors Flock to US Money Market Funds Amid Banking Crisis

March 27, 2023

About Us

We provide the latest crypto news, trading tools, and up-to-date education to students and traders all over the world.

ENROLL FOR FREE

Latest Crypto Headlines

  • Titanium Blockchain CEO Sentenced to Four Years in Prison
  • Do Kwon’s Montenegro detention extended, registered Serbian company before arrest as fugitive
  • SD lawmakers fail to override Gov. Noem's cryptocurrency regulation veto – Fox News
  • Coinbase Identifies Four Key Innovations for its Layer-2 Network
  • Crypto Twitter reacts to CFTC lawsuit against Binance
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Altcoin
    • Blockchain
    • Regulation
    • Trading
  • Learn Crypto For Free
  • Login
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2022 - OnlineCryptoCollege.com - All rights reserved!

No Result
View All Result
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Altcoin
    • Blockchain
    • Regulation
    • Trading
  • Learn Crypto For Free
  • Login

© 2018 JNews by Jegtheme.

  • bitcoinBitcoin(BTC)$27,847.00-0.34%
  • ethereumEthereum(ETH)$1,764.22-0.74%
  • USDEXUSDEX(USDEX)$1.07-0.53%
  • tetherTether(USDT)$1.00-0.11%
  • binancecoinBNB(BNB)$328.680.48%
  • usd-coinUSD Coin(USDC)$1.00-0.09%
  • rippleXRP(XRP)$0.4876436.23%
  • cardanoCardano(ADA)$0.356168-1.16%
  • dogecoinDogecoin(DOGE)$0.0754450.37%
  • staked-etherLido Staked Ether(STETH)$1,760.54-0.76%
  • matic-networkPolygon(MATIC)$1.08-2.09%
  • binance-usdBinance USD(BUSD)$1.00-0.33%
  • solanaSolana(SOL)$20.65-1.09%
  • polkadotPolkadot(DOT)$6.060.22%
  • litecoinLitecoin(LTC)$92.33-1.53%
  • shiba-inuShiba Inu(SHIB)$0.0000110.92%
  • tronTRON(TRX)$0.064286-0.08%
  • avalanche-2Avalanche(AVAX)$16.92-1.74%
  • daiDai(DAI)$1.00-0.12%
  • uniswapUniswap(UNI)$5.80-0.04%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$27,900.00-0.23%
  • chainlinkChainlink(LINK)$7.18-0.76%
  • cosmosCosmos Hub(ATOM)$11.15-1.58%
  • ToncoinToncoin(TON)$2.163.72%
  • leo-tokenLEO Token(LEO)$3.39-1.80%
  • moneroMonero(XMR)$163.960.62%
  • ethereum-classicEthereum Classic(ETC)$20.12-0.78%
  • okbOKB(OKB)$43.223.02%
  • stellarStellar(XLM)$0.0949002.60%
  • Aerarium FiAerarium Fi(AERA)$7.15-13.10%
  • bitcoin-cashBitcoin Cash(BCH)$123.66-1.69%
  • filecoinFilecoin(FIL)$5.56-0.14%
  • AptosAptos(APT)$11.66-2.02%
  • true-usdTrueUSD(TUSD)$1.00-0.09%
  • lido-daoLido DAO(LDO)$2.20-1.14%
  • hedera-hashgraphHedera(HBAR)$0.060751-1.88%
  • quant-networkQuant(QNT)$123.670.53%
  • crypto-com-chainCronos(CRO)$0.068078-2.21%
  • nearNEAR Protocol(NEAR)$1.93-1.63%
  • vechainVeChain(VET)$0.022637-1.96%
  • ArbitrumArbitrum(ARB)$1.25-3.18%
  • apecoinApeCoin(APE)$4.01-3.08%
  • algorandAlgorand(ALGO)$0.206856-1.89%
  • internet-computerInternet Computer(ICP)$4.90-1.65%
  • blockstackStacks(STX)$0.94-3.66%
  • eosEOS(EOS)$1.140.44%
  • the-graphThe Graph(GRT)$0.139626-1.49%
  • fantomFantom(FTM)$0.439912-1.74%
  • the-sandboxThe Sandbox(SAND)$0.62-3.27%
  • elrond-erd-2MultiversX(EGLD)$42.35-0.76%