Abrdn eyes wealth management partnership in China
Regulatory changes have made it a ‘much more interesting market for people that want to deploy resources’
Regulatory changes have made it a ‘much more interesting market for people that want to deploy resources’
It will be the fifth overseas company to form a wealth partnership in the country
It helps the bank with its ‘strategic priority of being a leading wealth manager in Asia’
Its legal and financial systems make it an offshore wealth centre that attracts money
First batch is now offered to individual investors in four cities
Britain is one of the ‘most secure jurisdictions in which to hold assets’
Rule change in early 2021 opened up the market to foreign insurers
Regulator has tightened its grip on the nation’s mutual fund market
Making it the second wholly foreign-owned enterprise to obtain such permissions
As demand for sustainable investing in the region continues to increase
It gives investors access to the ‘100 strongest’ firms in the country’s ‘new economy’
As it confirms sale of nearly 20% stake in Chinese bank