Goldman JV rolls out debut China wealth product
It will adopt quantitative strategies
It will adopt quantitative strategies
It is the group’s first offering of its kind in the Asia Pacific region
It could join a growing list of foreign firms seeking to develop operations in the country
As it opens offices in in Chengdu and Hangzhou
To tap into the country’s growing onshore wealth management market
It will reportedly start offering services in the country next year
It has reportedly held discussion with several banks in the country
It will initially be available via the four state-owned banks across five cities
To develop a joint wealth management programme
Product was created in partnership with China Asset Management
To extend its wealth footprint in the Greater Bay Area
It has been told to carry out the pilot project in a ‘safe and orderly manner’