Deutsche Wealth defends plunging Chinese equities
The trade war with the US, in a worst case scenario, could cost China around 0.5% of its GDP
The trade war with the US, in a worst case scenario, could cost China around 0.5% of its GDP
Businesses have been moving their assets to Hong Kong after collapsing in China
Chinese regulators set to sign deals with German watchdog within the next few days
The government to cut taxes in 2019 for the poor and go after the wealthy
The vehicle is the firm’s first offering under the Mutual Recognition of Funds scheme
The firm is also continuing its build-out in the mainland, despite onshore sentiment
The operation will aim to serve the investment needs of high net worth individuals in China.
Company will be the nation’s first-ever foreign wholly-owned insurance holding company
Move will take three years but Chinese regulator will accept applications from 2019
This launch comes after Malaysian investors have poured money into China-focused equity funds
Chief executive Mike Wells wants to ‘grow into the footprint quickly’
China set to become second-largest market globally with assets under management tripling to $12.6trn