Wealth Management - Mozambique

  • Mozambique
  • Assets under Management in the Wealth Management market are projected to reach US$580.90m in 2024.
  • Financial Advisory dominates the market with a projected market volume of US$409.90m in 2024.
  • Assets under Management are expected to show an annual growth rate (CAGR 2024-2029) of 2.59%, resulting in a market volume of US$660.20m by 2029.

Key regions: United States, United Kingdom, Germany, Hong Kong, Singapore

 
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Analyst Opinion

The Wealth Management market in Mozambique is experiencing significant growth and development. Customer preferences in the Wealth Management market in Mozambique are evolving as individuals seek professional advice and services to manage their wealth.

With increasing disposable income and a growing middle class, there is a rising demand for wealth management services in Mozambique. Individuals are looking for personalized investment strategies and financial planning to secure their future and achieve their financial goals. Trends in the market show that there is a shift towards more sophisticated investment products and services.

Wealthy individuals in Mozambique are diversifying their portfolios and investing in a range of asset classes, including equities, bonds, real estate, and alternative investments. This trend is driven by the desire for higher returns and the need to mitigate risks in an uncertain economic environment. Additionally, there is a growing interest in socially responsible investing, with individuals seeking investment opportunities that align with their values and contribute to sustainable development in Mozambique.

Local special circumstances in Mozambique also contribute to the development of the Wealth Management market. The country is experiencing rapid economic growth, driven by natural resource exploitation and foreign investment. This has resulted in an increase in the number of high-net-worth individuals and a greater concentration of wealth.

As a result, there is a growing need for professional wealth management services to effectively manage and grow this wealth. Underlying macroeconomic factors further support the growth of the Wealth Management market in Mozambique. The country has a stable political environment and a favorable business climate, attracting foreign investment and fostering economic growth.

Additionally, the government has implemented policies to promote financial inclusion and develop the capital market, providing individuals with access to a wider range of investment opportunities. These factors create a conducive environment for the development of the Wealth Management market in Mozambique. In conclusion, the Wealth Management market in Mozambique is experiencing significant growth and development.

Customer preferences are shifting towards personalized investment strategies and sophisticated financial planning. The market is driven by local special circumstances, such as rapid economic growth and an increase in high-net-worth individuals. Underlying macroeconomic factors, including political stability and favorable business climate, further support the development of the market.

Methodology

Data coverage:

The data encompasses B2C enterprises. The figures are based on gross revenues, assets under management, and user & advisor data of relevant services and products offered within the Wealth Management market.

Modeling approach / Market size:

Market sizes are determined through a combined top-down and bottom-up approach, building on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial reports of key players, industry reports, third-party reports, publicly available databases, and survey results from primary research activities (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as: GDP, gross national income (GNI), consumer spending, total investment (% of GDP), high income (% of population), and number of high-net-worth individuals (HNWI). This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing are well suited for forecasting digital products and services due to the non-linear growth of technology adoption.

Additional notes:

The market is updated twice a year in case market dynamics change. The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. In some cases, the data is updated on an ad hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development).

Overview

  • Assets Under Management (AUM)
  • Analyst Opinion
  • Financial Advisors
  • High Net Worth Individuals
  • Methodology
  • Key Market Indicators
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