Foreign wealth management giants poised to tap China’s US$3.7 trillion market as new rules promise to cut risk

Foreign wealth management giants poised to tap China’s US$3.7 trillion market as new rules promise to cut risk

South China Morning Post - China·2020-10-08 17:45

Europe’s biggest asset manager Amundi launched its majority-owned wealth management venture in Shanghai recently, becoming the first foreign company to do so

A shake-up of the rules around wealth management in China designed to eradicate risks that previously plagued the sector has helped smooth the way for foreign players

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