Despite China having recently dropped all of its COVID-19 restrictions, some European asset managers are still finding it difficult to secure partners for potential onshore wealth management joint ventures, Asian Private Banker understands. The problem? Potential onshore partners are giving them the cold shoulder. Many asset managers may have raised their hopes on such partnerships after China eased ownership rules…
Global asset managers get cold shoulder in China’s onshore wealth market
By Twinkle Sparta, associate editor | 12 April 2023
Related News

What next for Credit Suisse’s Asia onshore businesses?
27 March 2023

How Credit Suisse collapse will impact China’s wealth landscape
22 March 2023

Credit Suisse Thailand market heavyweight resigns
15 March 2023

Lombard Odier looks to tap Japan’s onshore wealth with Mizuho tie-up
16 February 2023

Credit Suisse onshore Thailand team leader resigns
18 January 2023

Fidelity becomes third foreign asset manager to run mutual funds in China
12 December 2022

Onshore Thailand veteran IC leaves Credit Suisse
10 November 2022

BNP Paribas AM receives regulatory nod for WM JV in China
20 October 2022

Credit Suisse China market team director resigns
20 October 2022