Group 1: Core Insights - Morgan Asset Management's global chairman emphasizes the impressive scale, maturity, global connectivity, and strategic ambition of China's financial markets [1][3] - The company supports initiatives by the China Securities Regulatory Commission (CSRC) aimed at improving the quality of listed companies, including enhancing governance standards and combating false disclosures [1][5] - The asset management sector is expected to play a foundational role in China's economic transformation [3][4] Group 2: Industry Trends - Three major trends reshaping the global asset management industry include the rise of ETFs, retirement investments, and the increasing focus on ESG and sustainable investing [2][10][12] - The global mutual fund market is projected to reach approximately $65 trillion by 2024, with China's asset management market expected to exceed 30 trillion RMB (around $4 trillion) by the end of 2024 [4][12] Group 3: Morgan Asset Management's Principles - The company manages approximately $3.7 trillion in client assets globally, with around 200 billion RMB in fund assets in China [6] - A strong fiduciary culture is emphasized, where client interests are prioritized above those of the company and its shareholders [7] - Long-term investment performance is considered the cornerstone of asset management, focusing on fundamental research and team collaboration [8] Group 4: Product Development and Market Opportunities - The rise of ETFs is fundamentally changing how investors engage with financial markets, with global ETF assets expected to reach $25-30 trillion by 2030 [10][11] - Retirement investment opportunities are growing, with global defined contribution assets projected to reach $13 trillion by 2027 [12] - Sustainable investing is central to long-term value creation, with the company managing $56 billion in sustainable investment assets as of March 2025 [13]
摩根资产管理全球主席重磅发声
Zhong Guo Ji Jin Bao·2025-05-20 12:27