The Doha-based bank plans to offer wealth management services as it expands its China business.
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The Doha-based bank plans to offer wealth management services as it expands its China business.
The Ping An-owned, app-driven wealth management platform is looking for partners to grow outside Asia.
However, a majority of investment recommendations made by digital platforms do not match investors’ needs.
The NYSE-listed Chinese wealth management provider posted a net loss in 2018 on lower revenues and higher costs.
The personal touch is preferred over AI technology, according to a survey of UK millennial investors.
Complex fee structures and the need for a more personal connection with relationship managers have led to dissatisfaction among Asia’s high net worth investors.
Thailand’s Securities and Exchange Commission (SEC) wants to extend the basic tools and best practices in HNW wealth management to all Thai investors.
Banks in Asia are slowly digitizing the client wealth experience, but costs and cybersecurity are concerns.
Ping An’s Lu International has launched a platform aimed at accredited investors, becoming the latest to enter the growing field of online wealth management.
In the 1H, investors turned conservative, dragging down the value of wealth management products distributed by Chinese wealth manager Jupai, according to the firm’s CEO Ni Jianda.
Part of the Mark Allen Group.