Article
China’s investment management opportunity
Reforms could create a multi-trillion dollar market for foreign firms
The Chinese government is reforming the country's pension system, capital markets and investment management industry as part of a bigger plan to curb an anticipated retirement saving deficit. Foreign investment managers have the opportunity to play a greater role in the tightly regulated industry, potentially managing a sizeable chunk of the US$30.2-trillion addressable retail financial wealth by 2023. Foreign firms looking to enter the market should develop investor segment-specific strategies, alternative data capabilities, and partner with online wealth platforms to achieve success.
This article explores some of these complexities, aiming to arm investment management company leaders with insights to help them plan for what might lie ahead.