Wealth management products (WMPs) sold by Chinese banks remain popular despite low yields and stricter regulations, according to a recent report from China Banking Regulatory Commission.
Category: Industry trends
SSGA: Smart beta forces change in investor mindset
Smart beta products shift focus from manager selection to asset and factor allocation, requiring new skills from investors, argues SSGA’s Thomas Poullaouec.
Private banks shrug off fintech disruption
Vontobel Wealth Management COO Michael Haupt believes fintech is over-hyped and is unlikely to have a massive impact on wealth management in the short term.
BCG: Chinese HNWIs assets to double by 2021
The investable assets among high net worth individuals (HNWIs) in China are expected to double to RMB 111trn ($16trn) in 2021, from RMB 54trn last year, according to a report from The Boston Consulting Group and Industrial Bank.
Will robots replace fund selectors?
Using algorithms may help fund selectors choose products more efficiently, but human judgment is still key in choosing the right fund products, according to panellists at Fund Forum Asia 2017 in Hong Kong.
Blockchain to improve asset pricing process
Blockchain will make the asset pricing process of portfolio managers faster and more accurate by bringing various data sources in sync, said Liang Hu, head of emerging technologies centre at State Street.
Investec sees structural changes in commodity companies
Instead of focusing on growth, the commodity and resources sector now stresses profitability, said Investec’s Tom Nelson.
Robo-advisories face headwinds in China
Robo-advisories will likely take a long time to be accepted in China, according to the CFA Institute.
Are Asia’s HNWIs warming to hedge funds?
High fees and poor performance have been linked to hedge funds, but James Cheo, Bank of Singapore’s investment strategist, believes that’s about to change.
Survey: HK advisers see fee-based model trend
About 75% of Hong Kong’s financial advisers acknowledge a trend toward fee-based wealth management, according to a Vanguard survey report.
