(Yicai) July 16 — Several foreign-backed wealth management joint ventures in China, including BlackRock CCB Wealth Management and BNP Paribas ABC Wealth Management, have defied this year’s market downturn by sharply increasing their assets under management. BlackRock CCB Wealth, the joint venture between US asset manager BlackRock and an affiliate of China Construction Bank, recently
The past one year has been a roller-coaster ride for the markets due to a variety of factors: an unexpected coalition government after elections, FPIs selling till recent months, anaemic domestic earnings amid weak demand, interest rate cuts, reciprocal trade tariffs and geopolitical tensions. In such a situation, businesses dependent mostly on the markets and
Commodity-focused funds have overtaken liquid alternatives in global assets under management (AUM) for the first time since 2012, according to Morningstar data for Q1 2025. The milestone marks a significant shift in investor exposure, though it has been driven more by market performance than fresh inflows. While interest in commodity strategies has picked up recently,