The number of millionaires in mainland China grew by 35% in 2020, while the number of millionaires in Hong Kong fell by 7%, according to a new report from the private bank.
A survey of over 300 institutional investors by Credit Suisse reveals they are seeking to access emerging markets via hedge funds, particularly China.
Bringing in a European with a record of turning around businesses at the top may not solve the Australian investment and insurance group's credibility problem, say industry observers.
Weaker growth numbers and high equity valuations could lead more foreign investors to trim positions amid some profit taking, say market experts.
Electronic platforms such as Credit Suisse’s new launch will need to cope with the sophisticated products that wealthy investors will want, say industry experts.
It may be time to book profit in mainland equities amid slowing economic momentum and tighter liquidity conditions, despite MSCI's decision to include A shares in its EM indexes.