Whither has the Money Gone: Fund Flow and Mechanism Under a Grand Asset Management Framework

This book provides an overview of China's wealth management market, including the composition of money, management practices, and non-banking financial institutions. It explores the evolution of the market from chaos to regulation and discusses the interests of professionals and researchers worldwide.

Format: Paperback / softback
Length: 164 pages
Publication date: 06 September 2022
Publisher: Springer Verlag, Singapore

This comprehensive book delves into the intricate world of wealth management in China, presenting a comprehensive overview to the public, institutions, and research groups. In recent years, the money base of the Renminbi (RMB or Chinese Yuan) has experienced exponential growth, leading to a concerning rise in the overall leverage ratio. Moreover, the emergence of shadow banking issues has brought attention to the need for greater scrutiny of this financial landscape. The global interest in understanding the destination of this substantial financial flow has sparked a fervent quest for answers. This book addresses these questions from three distinct perspectives: exploring the composition of the money, examining the individuals and organizations responsible for its management, and examining the various financial institutions that play pivotal roles in channeling funds to industries and individuals.

While banks remain the primary vehicle for money management, other financial organizations have increasingly assumed significant roles in this market. Insurance, trust, security, and mutual funds are among the key non-banking business participants that have emerged as crucial players in the wealth management landscape. Furthermore, the industry has witnessed the introduction of innovative money management products and the implementation of regulations to ensure market stability.

The journey of China's money management business has been a remarkable one, transitioning from a state of chaos to a regulated market. This evolution continues to unfold, with professionals and researchers from around the world closely monitoring China's money market, studying its mechanisms, seeking business opportunities, and developing economic theories. This book is meticulously crafted and professionally structured to serve these purposes effectively.

Weight: 308g
Dimension: 235 x 155 (mm)
ISBN-13: 9789811649332
Edition number: 1st ed. 2021