Private wealth management is delivered to high-net-worth investors. Generally this includes advice on the use of various estate planning vehicles, business-succession or stock-option planning, and the occasional use of hedging derivatives for large blocks of stock.
... and better growth numbers, and the enhancement of Chinese regulatory oversight mainly on tech, and edutech companies, while a political and military stance against China is gaining ground gradually elsewhere,” said Joseph Thomas, Head Of Research, Emkay Wealth Management.
The principal driver of the rising demand for the wealth management sector is undoubtedly the increasing size, influence and wealth of China’s middle class ... As long as China’s globalization plans keep pace and continue to appeal to foreign investors, the wealth management future in China looks very bright indeed.
China’s political leadership perceives the same set of problems as well. But China is willing to go a lot further to rein in the clout of its tech giants ... Or why should Ant Group be allowed to cross-sell its investments, insurance and consumer loan products, while banks are being asked to spin off their wealth management arms?.
"The market is trying to find firmer footing on what to expect going forward," said Alan McKnight, chief investment officer at Regions Asset Management...Bank Wealth Management ... Investors also were monitoring a regulatory clampdown by China on various companies ... followed more drops in China.
“The market is trying to find firmer footing on what to expect going forward,” said Alan McKnight, chief investment officer at Regions Asset Management...Bank Wealth Management ... Investors also were monitoring a regulatory clampdown by China on various companies ... followed more drops in China.
Its asset management sector should improve ESG consciousness, actively promote ESG investing, accelerate business innovation and ramp up investments to support better and faster development of green and low-carbon industries," Chen said at the China Wealth Forum in Qingdao, East China's Shandong province, on Saturday.
China's initial carbon trading participants are the 2,225 electricity companies that are registered with the Hubei exchange ...EthanWang, head of investment strategy for wealth management at Standard Chartered China, said climate change-related topics such as carbon neutrality will be one of the major investment themes in China.