The number of millionaires is expected to double by 2026, according to Credit Suisse’s annual Global Wealth Report.
Tag: China
Julius Baer buys stake in Chinese investment firm
Swiss pure play aims to tap into the country’s growing onshore wealth management market.
HSBC AM debuts renminbi money market fund
Hong Kong investors can now invest in short term RMB-denominated products via the fund.
Invesco sees bright spots in market outlook
Signs are emerging in the current environment that offer investors scope for optimism, including easing supply chain pressures and positive economic markers in China, according to Invesco.
Investing in value to pre-empt soft-landing
Companies with resilient income and predictable cash flow are likely to be robust in the second half of this year, says the UBS Global Wealth Management chief investment office (UBS GWM CIO).
Axa IM backs allocations to Asian assets
More stable fund flows and intact structural investment themes in the region bode well for equities and credit, says Axa Investment Managers.
Huatai International unveils cash wealth management service
The firm’s Zhangle Global platform, built for the global Chinese community, has launched Cash Pro.
Chinese policy boosts sustainable debt issuance
Climate policies and social mandates in China will lead to the increasing issuance of different ESG-related debt, by all types of domestic issuers, according to Sustainable Fitch (Fitch).
Fidelity appoints China boss
The managing director will lead the asset manager’s new wholly foreign owned enterprise.
Are Chinese and Japanese equities poised for a turnaround?
Significantly divergent monetary policies could give them an edge over western economies.
