FSA compares two China onshore fixed income products: the CMF Industrial Bond A Fund and the Penghua Industrial Bond Fund.
Tag: China Merchants Bank
JPMAM China wealth partnership launches fund
CMB Wealth Management (CMBWM) and JP Morgan Asset Management (JPMAM) have started marketing a target date fund.
JPMAM expands China wealth management partnership
JP Morgan Asset Management (JPMAM) plans to take a 10% stake in CMB Wealth Management.
CMB and JPMAM form strategic partnership
Under the agreement, JP Morgan Asset Management (JPMAM) will be a “preferred product provider” to CMB Wealth Management (CMBWM), offering access to its offshore and onshore funds.
Survey: Chinese UHNWIs warm to family offices
As generational change continues in China, ultra high net worth investors are much more concerned about wealth preservation and inheritance than before, according to a joint survey by Bain & Company and China Merchants Bank.
Survey: More Chinese wealth headed to private banks
China’s private wealth seems to be undergoing a shift from self-managed to professional wealth management, according to a survey from Bain & Company.
Wealth management puts China PBs among world’s largest
China Merchants Bank, ICBC and Bank of China are among the top 20 largest private banks globally, according to a report from Globaldata and Private Banker International.
China’s PBs grow AUM as global banks slow
Asia-based private banks grew AUM 17% on average last year versus a 1% drop globally, according to a recent report by Scorpio Partnership.
Europe’s IM Square courting `powerful’ Chinese partner
IM Square, which supports boutique asset management firms in expanding their business, is in talks with a potential Chinese shareholder, said Philippe Couvrecelle, founder of the firm.
China’s onshore HNWIs look offshore
Mainland high net worth clients are looking for A-share funds and offshore RMB-denominated products while showing increased interest in US exposure, according to Wing Lung Bank.