21世纪经济报道记者 杨坪 南方财经全媒体集团联合21世纪经济报道推出的"第二届21世纪金牌投顾"正式启动案例征集。 作为国内首个聚焦于买方投顾的权威项目，本届活动延续首届聚焦专业有温度的投顾团队和基金投顾优 秀案例主题，增设"AI 投顾"征集类别，旨在从"媒体+智库+数据"三大链条，深度透视投顾业务的发展 模式和趋势，推动财富管理行业从规模扩张向高质量发展迈进。 项目设置"基金投顾优秀案例"以及" 21世纪金牌投顾"征集活动。基金投顾优秀案例征集从参评对象的 业务架构、团队建设、投资者行为改善和客户服务水平等多维度进行综合评定，21世纪金牌投顾则根 据"三分投、七分顾"特色评价体系确保结果的客观与公正。 本次活动依托南方财经全媒体集团强大的资源优势和专业力量，全面调研并征集优秀买方投顾案例，确 保活动的公信力和专业性。活动还以其严谨的征集标准和权威的专家阵容，确保发布优秀案例的标杆性 和公信力。 征集标准由具备中国基金业协会会员资格的基金评价机构上海证券提供专业支持，依据市场认可的标准 进行全面审核，确保了整个参评过程的公正与合规。此外，深圳证券交易所、广州投资顾问学院等单位 也作为指导单位参与，进一步提升 ...

中证报中证网讯（记者 赵白执南）中国证券报记者10月17日获悉，近日，以"融合与发展：共创财富管 理新价值"为主题的第二届中信财富管理大会在北京举办。本次大会由中信金控指导，中信银行 （601998）、中信证券、中信建投证券、中信信托、中信保诚人寿、信银理财主办，吸引公募基金、理 财、保险、全球资管等42家头部机构、200余人参会，共探财富管理行业转型路径与全球配置新机遇。 会上，中信集团董事长奚国华，中信集团副董事长、总经理张文武，中信集团副总经理曾琪与头部资管 机构代表共同启动"全球资产配置新生态"，依托"要出国，找中信""来中国，找中信"的双品牌服务优 势，助力个人、企业投资者在全球范围内把握投资机遇；同时发布"信成长"公益慈善平台，将通过"中 信创品"慈善理财实现2025年捐赠超1千万元。 张文武表示，伴随资管行业的转型深化、长期耐心资本的加速培育、跨境资本市场扩大开放以及人工智 能等科技的颠覆性突破，财富管理行业迎来了历史性机遇。更重要的是，随着中国资本市场的发展，以 及大众理财需求的增多，大财富管理行业更是在"为实体经济注入活水"与"居民财富保值增值"之间搭建 了一座重要的"桥梁"。 "未来，中信 ...

记者丨郭聪聪 编辑丨杨希 中国财富管理市场正在迎来历史性机遇。 这一增长背后，是中国经济发展与居民财富积累的双重驱动。随着中等收入群体不断扩大，居民可投资 资产总额超过300万亿元，同时在全球市场联动加深的背景下，跨境投资也正从投资的"可选项"变为"必 答题"。 2025年10月15日，第二届"中信财富管理大会"在北京举办。大会由中信金控指导，中信银行、中信证 券、中信建投证券、中信信托、中信保诚人寿、信银理财主办，公募基金、理财、保险、全球资管等领 域的42家头部机构主要负责人参会。 中国的财富管理机构、资产管理机构如何捕捉全球市场机遇，做好实体经济与居民财富的"桥梁"，成为 本次会议焦点。 行业规模再创新高 财富管理市场迎历史性机遇 "伴随资管行业的转型深化、长期耐心资本的加速培育、跨境资本市场扩大开放以及人工智能等科技的 颠覆性突破，财富管理行业迎来了历史性机遇。"中信集团党委副书记、副董事长、总经理张文武在"中 信财富管理大会"上表示。 具体来看，其子公司核心数据亮眼。数据显示，中信银行个人财富管理规模接近5万亿元，中信证券资 产管理规模达1.56万亿元，中信信托资产余额为2.6万亿元，华夏基金与信银 ...

Core Insights - As of June 2025, China's total asset management scale exceeds 170 trillion yuan, making it the second-largest wealth management market globally, with an average annual growth rate of approximately 8% over the past five years [1] - The "Great Wealth Management Era" is characterized by the integration and development of various financial sectors, driven by the need for wealth preservation and growth amid global economic uncertainties [1][2] - The second "CITIC Wealth Management Conference" highlighted the role of wealth management institutions in bridging the gap between the real economy and residents' wealth [1][2] Group 1: Industry Overview - The wealth management chain includes wealth management, asset management, and investment banking, with CITIC Financial Holdings leveraging its comprehensive financial licenses to carve a unique path in the wealth management sector [2] - CITIC Financial Holdings has a total wealth management scale of 31 trillion yuan and an asset management scale of 9.8 trillion yuan, serving over 200 million individual and corporate clients [3] - The Chinese middle-income group is the largest globally, with total investable assets exceeding 300 trillion yuan, indicating a growing demand for wealth management services [4] Group 2: Strategic Initiatives - CITIC Financial Holdings aims to align with national strategies such as technological innovation and green development, directing financial resources to key areas of social development [3] - The industry is shifting from a scale-oriented approach to a capability-oriented one, focusing on customer-centric services and risk management through collaboration among leading asset management institutions [5][6] - The introduction of the "Xincheng Growth" charity platform aims to leverage the product creation capabilities of various CITIC financial institutions to support educational initiatives, with over 10 million yuan donated this year [8] Group 3: Global Market Expansion - Cross-border investment has become essential for wealth management, with the "Cross-Border Wealth Management Connect" attracting 164,600 investors and facilitating over 120 billion yuan in cross-border transactions by July 2025 [7] - CITIC is enhancing its cross-border asset management services, focusing on mutual recognition funds, QDII funds, and opportunities in the Belt and Road Initiative and green finance [7] - The company is committed to optimizing global asset allocation for investors, seeking the best risk-return ratios through collaboration with various asset management institutions [9]

这一高净值用户数量的增长，与国内私募行业的整体提速形成共振。当前，私募基金已成为高净值资金的重要配置方向。截至2025年8月底，私 募证券投资基金规模达到5.93万亿元，行业规模持续扩张、策略类型日趋多元。同时有业绩展示的私募证券产品今年前三季度平均收益率高达 25.00%，显著超越市场主要指数，其中九成产品实现正收益，成为吸引高净值资金配置的重要因素。 私募排排网 350 万高净值 用户的背后，是持续扩大的私募市场需求， 更是 投资者对 私募认可度提升以及对私募排排网 专业化、透明化 与科技 化 服务 能力 的长期 信任与 选择。 科技赋能构建核心竞争力 本文首发于公众号"私募排排网"。 （点击↑↑ 上图查看详情 ） 伴随私募行业的高质量发展，叠加AI等前沿科技的助力，私募排排网在"金融+科技"的战略布局下实现了飞速发展。 近期 ， 私募排排网 高净值 注册用户突破 350 万大关 ， 实现又一新的里程碑，标志着平台已成为中国高净值人群财富管理的重要选择。 在数字技术推动财富管理转型的时代，科技已成为提升服务效率与用户体验的关键驱动力。面对高净值投资者对智能化投研、精准化配置与安全 合规的更高要求，私募排排 ...

2025年10月15日，"融合与发展：共创财富管理新价值"中信第二届财富管理大会在北京举办。本次大会 由中信金控指导，中信银行（601998）、中信证券（600030）、中信建投（601066）证券、中信信托、 中信保诚人寿、信银理财主办，42家公募基金、理财、保险、全球资管的头部机构主要负责人等200余 人参会。 中信集团党委书记、董事长奚国华，中信集团党委副书记、副董事长、总经理张文武，中信集团党委委 员、副总经理曾琪出席会议，并与头部资管机构代表共同启动"全球资产配置新生态"，依托"要出国， 找中信""来中国，找中信"的双品牌服务优势，助力个人、企业投资者在全球范围内把握投资机遇；同 时发布"信成长"公益慈善平台，将通过"中信创品"慈善理财实现2025年捐赠超千万元，并将与更多资管 机构共同践行国家战略、履行社会责任的使命和担当。 易方达基金总裁吴欣荣、富国基金总经理陈戈、摩根资产管理（中国）总经理王琼慧、工银理财董事长 吴茜作为资管机构代表在发言中表示，目前市场机遇是中国股票、债券生态越来越健康，围绕着红利资 产、人工智能等新质生产力、绿色低碳、医养健康、出海和国产替代的投资机会趋势明显。资管机构的 ...

Group 1: Gold Market Insights - Spot gold surged to $4,275 per ounce, increasing approximately 1.5% in a single day, driven by expectations of a 25 basis point rate cut by the Federal Reserve and a decline in U.S. Treasury yields [1] - Rising risk aversion due to new trade threats from Trump against China has enhanced gold's appeal as a safe-haven asset, alongside concerns over U.S. government shutdown risks and fiscal deficit [1] - Central bank purchases are a significant driver of gold price increases, with analysts noting that physical buying is largely responsible for the current gold rally [1] Group 2: U.S. Stock Market Dynamics - The U.S. stock market showed mixed performance, with major indices fluctuating amid rising volatility, particularly due to escalating U.S.-China trade tensions [3] - The Cboe Volatility Index (VIX), known as Wall Street's "fear gauge," hovered around 20, indicating increased market uncertainty [3] - Analysts suggest that the ongoing government shutdown is limiting access to key economic data, forcing investors to rely on corporate earnings reports for short-term narratives [4] Group 3: Investment Strategy Considerations - Concerns about over-reliance on "AI trading" for market gains highlight the risks associated with a concentrated market driven by a few dominant stocks [2] - The current stock market may enter a more volatile phase due to renewed focus on U.S.-China trade issues, with a recommendation to prioritize investments in large-cap and high-quality companies [4] - Despite no immediate signs of recession, a cooling labor market and slowing economic growth could pose challenges for lower-quality, unprofitable companies that have rebounded since April [4]

（原标题：专访香港投资推广署方展光：香港家办的三大核心优势） 21世纪经济报道记者 吴霜 一个月前，香港财经事务及库务局宣布，在特区政府大力推动下，至今经投资推广署协助来港落户或扩 展业务的家族办公室数目已突破200间，超前完成2022年《施政报告》所订立的绩效指标。同时，新的 目标也一并公布，即 2026-2028 年增加"不少于 220 家"家族办公室。 方展光："Adaptability"体现在我们整个生态的灵活性和包容性上。香港没有为家族办公室设立单一的中 央发牌制度，这意味着家族可以自由选择与各类专业机构合作，包括私人银行、律所、会计师事务所 等，只要合法合规即可。这种开放姿态催生了多元化的家办形态，无论是内置投行功能的单一家办，还 是多个家族联合的联合家办，都能在香港找到适合的土壤。 "引进来、走出去"则是我们战略的核心。为了系统化地实现这一目标，我们的家族办公室服务提供者网 络汇聚了超过60家顶尖的国际及中资金融与专业机构，包括中资四大行、国际投行和四大会计师事务所 等。 这个网络的作用是双向的：一方面，当国际家族希望投资中国时，我们可以迅速为其对接白名单上值得 信赖的中资机构；另一方面，当内地 ...

•广州期货：即便技术性回调风险存在也无法改变贵金属中期上行走势 •海通期货：美联储开启降息周期是金银价格上涨的核心驱动力 •铜冠金源期货：避险资产获资金青睐 贵金属处于强势上行阶段 •广州期货表示，多重利多因素共同构筑了当下贵金属的强势格局：地缘政治与政策不确定性持续催生 旺盛的避险需求；美联储开启降息并极可能在年内继续维持宽松政策以对冲潜在经济风险，显著改善了 贵金属的持有环境；全球央行持续战略增持提供长期结构性支撑。在核心驱动因素清晰、美国关税和政 府"停摆"风险等短期催化剂仍构成潜在支撑，甚至可能进一步发酵的情况下，即便技术性回调风险存 在，也无法改变贵金属价格中期上行走势。后市维持偏多思路，密切关注核心驱动因素的动态变化。 •海通期货表示，近期贵金属价格迅猛上涨，是金融属性与基本面共振的结果。从宏观层面来看，美联 储开启降息周期是金银价格上涨的核心驱动力。降息预期导致美元实际利率下行，显著提升了贵金属等 非生息资产的吸引力。同时，地缘政治风险和全球经济不确定性仍然存在，促使避险资金持续流入贵金 属市场。中长期来看，支撑贵金属走强的宏观基础依然存在，例如全球央行持续的购金趋势、地缘政治 风险仍然存在、美 ...

Core Insights - The article discusses the investment strategies and preferences of ultra-high-net-worth (UHNW) investors in Asia, highlighting their focus on long-term asset appreciation and global diversification [2][5][6]. Investment Philosophy - UHNW investors prioritize long-term asset growth over short-term market fluctuations, often looking at investment horizons of 20 to 30 years [5][6]. - The investment strategy emphasizes capturing clear long-term trends, such as those in gold and AI sectors [7]. - Diversification is key to risk management, involving both asset class diversification and geographical diversification to mitigate risks [8]. Hedge Fund Preferences - UHNW investors prefer hedge funds with strong management capabilities and robust risk control, often favoring multi-strategy hedge funds for their stability and lower correlation with market fluctuations [9][10]. - The expected annual return for these hedge funds is between 10% to 15%, with a focus on minimizing drawdowns [10]. Stock Investment Recommendations - Investment recommendations for UHNW investors lean towards AI-related sectors, particularly companies involved in foundational technologies like chips and computing power, such as Nvidia and TSMC [12]. - Despite concerns about high valuations, companies like Nvidia are viewed as having strong earnings growth and demand, distinguishing them from past market bubbles [13]. Real Estate Investment Trusts (REITs) - UHNW investors show a strong interest in Singapore REITs due to their maturity and stability, with annual yields ranging from 4% to 8% [17]. - The strategic management of foreign investment taxes in Singapore enhances the attractiveness of its real estate market [17]. Gold as a Safe-Haven Asset - Gold is recommended as a strong investment, with a rationale based on central banks increasing their gold reserves and its appeal as an inflation hedge [18][19]. - The current geopolitical uncertainties further enhance gold's attractiveness as a safe-haven asset [19]. Currency Outlook - The outlook for the US dollar is negative, with expectations of further declines due to a potential interest rate cut cycle [20]. - Other currencies like the euro and yen are monitored closely, especially for UHNW investors considering leveraged investments [20].