To meet the ever-growing needs of UHNWs.

To meet the ever-growing needs of UHNWs.
In light of the Camsing scandal, the firm has distributed more simple products. The firm is also planning to join the new fund advisory scheme in China.
The firm’s total AUM was also down 20% to RMB 37.5bn from June last year.
The demand for wealth management products distributed by the firm was down during the period.
Separately, traditional investments, including mutual funds, accounted for around 80% of the products distributed by the firm in Q1.
Last year was the second consecutive year of losses for the NYSE-listed Chinese wealth manager, which also reported a plunge in net revenue due to “industry-wide headwinds”.
St James’s Place is taking its pioneering business model to Asia and the Middle East in its next phase of growth, said chief investment officer Chris Ralph.
A UK based online service which aims to help high net worth individuals find wealth management firms has been launched in Singapore.
Part of the Mark Allen Group.