Bank Wealth Management Market Yields Under Pressure as Some Products Lower Performance Benchmarks

People’s Financial News, March 17 — Recently, the stock and bond markets have experienced continuous fluctuations and adjustments, causing some coldness in the bank wealth management market. Under the dual pressures of systemic decline in underlying asset yields and strengthened regulatory constraints, the yields of wealth management products have continued to decline, with many leading wealth management companies intensively lowering their performance benchmarks. Despite the downward pressure on returns, the overall market operation remains stable, and there has been no wave of redemptions. Funds are gradually flowing back from deposits to the wealth management market structurally. Industry insiders suggest that investors can appropriately adjust their wealth management plans and stay alert when choosing products to avoid “performance ranking” products. (Shanghai Securities News)

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin