The JV will provide customized investment services to China's retail consumers based on individual investors' risk preferences, time horizons, and investment objectives. Once launched, the minimum investment required to use the service will be 800 yuan and will be accessible to consumers via Ant Financial's Alipay app.
Global asset managers are in a frenzied race to up their presence in China amid estimates that the country's pool of assets will almost double from $5.3 trillion to $9.3 trillion by 2023, the Financial Times citing data from Morgan Stanley and Oliver Wyman.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Evgenia-Plotnikova-partner-dawn-capital-venture-capital-europe - Business InsiderA 32-year-old investor hotshot just became partner at $550 million Dawn Capital. Here's her view on investing in enterprise startups, Europe's hottest market right now. Love this! 😍 Broken link?
Source: BusinessInsider - 🏆 729. / 51 Read more »
5 trends in the 2020s to impact venture capital, according to a VC - Business InsiderI'm a founding partner at Lightspeed Venture Partners with over 20 years of experience in venture capital. These are the 5 biggest trends I see emerging in the next decade. (by BarryEggers) BarryEggers More layoffs Fewer benefits Less stability More precarity More debt There, saved you from reading this claptrap. BarryEggers More hunger-More homeless-More crime-More mass shootings-Less positivity
Source: BusinessInsider - 🏆 729. / 51 Read more »
TD Bank tops US customer satisfaction ranking - Business Insider - Business InsiderTD Bank likely stood out due to the service quality of its branches and its strong checking account offerings and digital banking services: Yeah, they beat me too---They need to correct it---Because they stole funds out the account and closed it--
Source: BusinessInsider - 🏆 729. / 51 Read more »
A SpaceX rocket lost its nosecone during an otherwise successful launch in Florida - Business InsiderTwo drone ships were supposed to catch the two halves of the rocket's nosecone, but narrowly missed and it fell into the sea. Pathetic misinformed headline. The nosecone is tracked via telemetry, they know exactly where it is. It’s the first attempt at a dual fairing recovery (captured on a boat). So so so biased.. for heaven’s sake -they land rockets, SpaceX is transforming abilities reaching into space. You guys simply fake news. driven by money from other companies.. Why do you write headlines like this? Clickbait? Incompetent writer? Paid by a 3rd party? You do know SpaceX is a private company right? You can’t short their stock.
Source: BusinessInsider - 🏆 729. / 51 Read more »
China invites Premier League's Mesut Ozil to visit Xinjiang - Business InsiderChina insists that a star Premier League player who criticized China's crackdown on Muslims was 'blinded by fake news' and invites him to Xinjiang to see the detention centers for himself 🙄🙄🙄 fcfortune I agree. By supporting those fake muslims who commit terrorism he is supporting terrorism itself. Lots of westerners are blinded by fake news. Business Insider is one of the fake news.
Source: BusinessInsider - 🏆 729. / 51 Read more »