A Resource-Based View (RBV) of Singapore as A Pre-Eminent Wealth Management Centre

Singapore is a world recognised financial and wealth management centre, and one of the best in the Asia-Pacific region. The fast growth of the world’s private wealth is boosting the wealth management sector, making this segment of the financial industry very attractive. Both big and small players ar...

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Main Author: Pena Mora, Yadir Adriana
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2007
Online Access:https://eprints.nottingham.ac.uk/24577/
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author Pena Mora, Yadir Adriana
author_facet Pena Mora, Yadir Adriana
author_sort Pena Mora, Yadir Adriana
building Nottingham Research Data Repository
collection Online Access
description Singapore is a world recognised financial and wealth management centre, and one of the best in the Asia-Pacific region. The fast growth of the world’s private wealth is boosting the wealth management sector, making this segment of the financial industry very attractive. Both big and small players are concentrating their efforts in this direction. Singapore has benefited from this growth. The question asked is “how and why is Singapore attracting the private wealth and institutions?” Especially when put in the context of Singapore competing against Hong Kong in the Asian region. The Resource-Based View (RBV) of strategy, argue that the success of a firm depend on internal resources. These resources may vary from human, financial, physical and technical resources, to name a few. The RBV is used here to examine the link between Singapore’s internal resources and its performances as the fastest-growing wealth management hub. Singapore Inc., as it has been referred to, has many resources that can give a competitive advantage to the island-state, however for this particular analysis, a positive reputation is selected as a resource that may provide the attributes (valuable, rare, imperfectly imitable and imperfectly substitutable), required by the RBV to give a sustainable competitive advantage to Singapore.
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spelling nottingham-245772018-02-01T01:00:11Z https://eprints.nottingham.ac.uk/24577/ A Resource-Based View (RBV) of Singapore as A Pre-Eminent Wealth Management Centre Pena Mora, Yadir Adriana Singapore is a world recognised financial and wealth management centre, and one of the best in the Asia-Pacific region. The fast growth of the world’s private wealth is boosting the wealth management sector, making this segment of the financial industry very attractive. Both big and small players are concentrating their efforts in this direction. Singapore has benefited from this growth. The question asked is “how and why is Singapore attracting the private wealth and institutions?” Especially when put in the context of Singapore competing against Hong Kong in the Asian region. The Resource-Based View (RBV) of strategy, argue that the success of a firm depend on internal resources. These resources may vary from human, financial, physical and technical resources, to name a few. The RBV is used here to examine the link between Singapore’s internal resources and its performances as the fastest-growing wealth management hub. Singapore Inc., as it has been referred to, has many resources that can give a competitive advantage to the island-state, however for this particular analysis, a positive reputation is selected as a resource that may provide the attributes (valuable, rare, imperfectly imitable and imperfectly substitutable), required by the RBV to give a sustainable competitive advantage to Singapore. 2007 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/24577/1/yadiradrianapenamora.pdf Pena Mora, Yadir Adriana (2007) A Resource-Based View (RBV) of Singapore as A Pre-Eminent Wealth Management Centre. [Dissertation (University of Nottingham only)] (Unpublished)
spellingShingle Pena Mora, Yadir Adriana
A Resource-Based View (RBV) of Singapore as A Pre-Eminent Wealth Management Centre
title A Resource-Based View (RBV) of Singapore as A Pre-Eminent Wealth Management Centre
title_full A Resource-Based View (RBV) of Singapore as A Pre-Eminent Wealth Management Centre
title_fullStr A Resource-Based View (RBV) of Singapore as A Pre-Eminent Wealth Management Centre
title_full_unstemmed A Resource-Based View (RBV) of Singapore as A Pre-Eminent Wealth Management Centre
title_short A Resource-Based View (RBV) of Singapore as A Pre-Eminent Wealth Management Centre
title_sort resource-based view (rbv) of singapore as a pre-eminent wealth management centre
url https://eprints.nottingham.ac.uk/24577/