Partnership Reinforces Commitment to Deliver Unparalleled Insight into
Behaviors of High Net Worth Individuals and Global State of Wealth
PARIS, TORONTO, May 2, 2012 /CNW/ - Capgemini, one of the world's foremost providers of consulting,
technology and outsourcing services, and RBC Wealth Management, the
global wealth division of Royal Bank of Canada and one of the world's
top 10 largest wealth managers1, today announced their partnership to produce the highly respected
annual World Wealth Report, now in its 16th year. This new partnership, which also includes the annual Asia-Pacific
Wealth Report, combines the strengths of both firms to examine the key
drivers of wealth creation and the global trends impacting high net
worth individuals (HNWIs). 2
The annual World Wealth Report and the Asia-Pacific Wealth Report are
the global benchmarks for tracking HNWIs and cover HNWI market sizing
with a review of global economic drivers, HNWI investing behaviors and
asset performance trends. The reports are supported by both primary and
secondary research, updated annually using Capgemini's proprietary
Lorenz curve methodology,3 and are widely read by top executives in the banking, securities and
"We are excited by the opportunity to help lead the future development of
the World Wealth Report and the Asia-Pacific Wealth Report. These
reports are widely regarded as the industry benchmark for understanding
the high net worth market and we are honored to be collaborating with
Capgemini on this project," said George Lewis, Group Head, RBC Wealth Management.
"RBC Wealth Management's reputation for service excellence and growing
position in the wealth management industry makes this the perfect
collaboration," said Jean Lassignardie, Global Head of Sales and Marketing, Capgemini
Global Financial Services. "We aim to continue delivering the high level of wealth analysis that our collective stakeholders have come to rely on as
the industry's leading benchmark."
For more information, visit www.capgemini.com/worldwealthreport.
About RBC Wealth Management
RBC Wealth Management is one of the world's top 10 largest wealth managers. RBC Wealth
Management directly serves affluent, high-net-worth and ultra-high net
worth clients in Canada, the United States, Latin America, Europe, the
Middle East, Africa and Asia with a full suite of banking, investment,
trust and other wealth management solutions. The business also provides
asset management products and services directly and through RBC and
third-party distributors to institutional and individual clients,
through its RBC Global Asset Management business (which includes
BlueBay Asset Management). RBC Wealth Management has more than C$534
billion of assets under administration, more than C$313 billion of assets under management and approximately 4,300 financial
consultants, advisors, private bankers and trust officers.
Royal Bank of Canada (RY on TSX and NYSE) and its subsidiaries operate
under the master brand name RBC. We are Canada's largest bank as
measured by assets and market capitalization, and are among the largest
banks in the world, based on market capitalization. We are one of North
America's leading diversified financial services companies, and provide
personal and commercial banking, wealth management services, insurance,
corporate and investment banking and transaction processing services on
a global basis. We employ approximately 74,000 full- and part-time
employees who serve close to 16 million personal, business, public
sector and institutional clients through offices in Canada, the U.S.
and 51 other countries. For more information, please visit rbc.com.
With around 120,000 people in 40 countries, Capgemini is one of the
world's foremost providers of consulting, technology and outsourcing
services. The Group reported 2011 global revenues of EUR 9.7 billion.
Together with its clients, Capgemini creates and delivers business and
technology solutions that fit their needs and drive the results they
want. A deeply multicultural organization, Capgemini has developed its
own way of working, the Collaborative Business ExperienceTM, and draws on Rightshore®, its worldwide delivery model.
Learn more about us at www.capgemini.com.
About Capgemini's Financial Services Global Business Unit
Capgemini's Global Financial Services Business Unit brings deep industry
experience, innovative service offerings and next generation global
delivery to serve the financial services industry. With a network of
21,000 professionals serving over 900 clients worldwide Capgemini
collaborates with leading banks, insurers and capital market companies
to deliver business and IT solutions and thought leadership which
create tangible value.
More information is available at: www.capgemini.com/financialservices.
Rightshore® is a trademark belonging to Capgemini
1 Scorpio Partnership's Global Private Banking KPI Benchmark 2011.
2 HNWIs are defined as those having investable assets of US$1 million or
more, excluding primary residence, collectibles, consumables, and
3 Capgemini's proprietary Lorenz curve methodology is a top-down, market
sizing model that calculates the annual number of HNWIs and the value
of their wealth covering 71 countries.
For further information:
Capgemini Press Contacts
Weber Shandwick for Capgemini
Tel: + 1 212-445-8491
Weber Shandwick for Capgemini (EMEA)
Tel: +44 207 067 0524
RBC Press Contacts:
RBC Wealth Management
Tel: + 1 416-974-4826
RBC Wealth Management
Tel: +44 207 002 2013