The 10th Annual Wealth Management & Private Banking Asia 2016 (Shanghai) 1-2 Dec
China enters its economic “New Normal” along with the continuous evolution of RMB internationalization and devaluation. It creates an uncertain environment for high net worth individuals and financial institutions. Weak wealth protection, insufficient regulatory oversight, commercial dispute and divorce risk, as well as levy of legacy duty add pressure to the wealth management industry. Nevertheless, the number of HNWI clients keeps growing. According to BCG statistics, the total amount of personal investable assets increased to USD 17 trillion in China by the end of 2015 and reaches USD 30 trillion by 2020 as predicted. While private wealth in Asia is growing faster than other regions, China becomes one of the biggest wealth management markets for HNWIs and UHNWIs.
Since commencement in 2007, China’s wealth management and private banking has developed an impressive spectrum of products and services. However, the penetration of private banking service reaches only 8% in China’s HNWIs and UHNWIs. China’s private banks and wealth management institutions still need to increase the number of HNWI clients and satisfy their needs with international, digital and cross-industry comprehensive services. Market booms make global network establishment, family office business development and online platform upgrade the most challenging tasks to all players.
The 10th Annual Wealth Management and Private Banking Asia 2016, takes place on December 1st -2nd, 2016 in Shanghai China. The annual event brings together leading private banks, family offices, wealth management institutions, trust companies, law firms and consulting firms from China and APAC to discuss issues of business cooperation, cross-industry and cross-border comprehensive services and discretionary portfolio mandates, as well as technology innovation in wealth management, etc.
As China’s leading private banking events’ organizer, we believe the annual convention will consistently provide a great platform to share professional insights and catch business opportunities for all market players. We sincerely invite you to participate in this conference and give your professional insights and best practices.
>>> For more information, please contact: Angela SUN | +86-21-5242 8067 | firstname.lastname@example.org | www.private-bank-china.com