30秒快闪，带你直击汇华理财司庆高光时刻 风华起五洲，共汇赴山海。"全球视野下的财富管理"主题论坛暨汇华理财五周年庆祝活动在沪隆重 举行。汇华理财有限公司是由总部位于巴黎的欧洲第一大资管公司东方汇理资管集团和中国银行旗 下全资子公司中银理财于五年前合资设立，是中国首家合资理财公司。中国银行行长张辉，东方汇 理资管全球首席执行官Valérie Baudson，以及来自其他外资银行、保险资管、券商、公募基金、信 托机构及媒体的嘉宾出席活动。 中国银行行长 张辉 张辉在致辞中表示，中国银行珍视长期以来与法国农业信贷集团、东方汇理资管深厚的伙伴关系。 2019年7月，中国发布了进一步扩大金融业对外开放的重大政策，鼓励境外金融机构参与投资设立商 业银行理财子公司。中国银行携手法国东方汇理资管，成立了中国首家合资理财公司--汇华理财。五 年来，汇华理财积极发挥合资优势，全力支持实体经济发展，持续发力产品创新，构建了全球多元 大类资产配置体系和系统化的风险控制能力。汇华理财推出的"全球领航"产品体系，凭借跨境投资 优势和稳健收益表现，获得市场高度认可。展望未来，中国银行将继续携手法农集团、东方汇理资 管，积极把握上海国际金 ...

p s Rab p water Ma 东方汇理资管全球首席执行官Valérie Baudson指出，设立汇华理财与东方汇理资管在华长期发展的战略高度契合——我们始终将中国视为全球资产与财富管 理领域最具活力、精细度极高且前景最为广阔的市场之一。东方汇理资管始终并将持续全力以赴地深耕中国市场，并将中国作为集团的核心战略市场。中国 拥有卓越的创新能力，出色的数字化应用水平和强大的财富创造力。中国的中等收入群体不断壮大，投资主体日益成熟，政府坚定发展可持续金融，这些力 量都在塑造着行业的未来。在此背景下，无论是现在还是未来，汇华理财都是我们在华业务的关键支柱。我们将持续投入资源支持其发展，为其注入新的投 资能力、创新产品以及全球最佳实践。此外，东方汇理资管正在将其在跨境投资解决方案、养老金管理以及长期储蓄投资解决方案的全球经验引入中国。 风华起五洲，共汇赴山海。"全球视野下的财富管理"主题论坛暨汇华理财五周年庆祝活动在沪隆重举行。汇华理财有限公司是由总部位于巴黎的欧洲第一大 资管公司东方汇理资管集团和中国银行旗下全资子公司中银理财于五年前合资设立，是中国首家合资理财公司。中国银行行长张辉，东方汇理资管全球首席 执行 ...

Core Viewpoint - 汇华理财, as the first joint venture wealth management company in China, has successfully navigated market fluctuations and industry transformations over the past five years, focusing on sustainable growth rather than rapid expansion [1][3][7] Group 1: Company Development - Established in 2020, 汇华理财 quickly gained traction in a favorable market environment, marked by high deposit rates and a booming stock market, leading to a "glorious start" [3] - The company faced a challenging market adjustment period from 2022 to September 2024, characterized by increased stock market volatility and declining interest rates, with the one-year interbank certificate of deposit rate dropping to around 1.6% [3][4] - To adapt to market changes, 汇华理财 implemented a new absolute return investment framework and diversified its product offerings, achieving a "transformation" and doubling its asset management scale by 2025 [4][5] Group 2: Investment Strategy - 汇华理财's core competitive advantage lies in its unique joint venture background and precise positioning, focusing on "global allocation, diversified enhancement, and professional standing" [4][6] - The company has expanded its product offerings from solely RMB to include USD, EUR, and HKD, with notable products like "Time Friend" and "Wealth Lighthouse" achieving significant performance metrics [4][5] - In a low-interest-rate environment, 汇华理财 has successfully enhanced returns and hedged risks through a multi-asset approach, achieving a domestic fixed income annualized return exceeding the index by over 100 basis points and an equity return of 32% [5][6] Group 3: Future Outlook - Looking ahead, 汇华理财 aims to prioritize steady returns and customer reputation, avoiding blind expansion and focusing on conservative strategies during unfavorable market conditions [1][6][7] - The company plans to strengthen its absolute return capabilities, deepen global allocation, and enhance investor engagement, reflecting a commitment to long-term wealth management principles [7] - 汇华理财 is positioned to leverage its international perspective and advanced foreign experiences to drive innovation in investment solutions and comprehensive services, contributing to the development of Shanghai as an international financial center [6][7]

Core Viewpoint - The article emphasizes the proactive approach of Huihua Wealth Management in navigating the challenges posed by declining interest rates and the resulting "asset scarcity" in the asset management industry, highlighting the company's confidence in the long-term prospects of China's wealth management sector and its mature investment management system [2][3]. Group 1: Company Overview - Huihua Wealth Management has surpassed an asset management scale of 30 billion RMB, showing significant growth since the beginning of the year [3]. - The company focuses on "absolute return" as a key characteristic of its banking wealth management products, which is driven by the client base's preference for target returns and performance benchmarks [3][4]. Group 2: Investment Strategy - The company prioritizes "investment-driven product design," distinguishing itself from competitors that rely on liabilities and channels [3]. - Huihua Wealth Management emphasizes global asset allocation as a critical strategy to achieve absolute returns, moving beyond traditional single-market strategies [4][5]. Group 3: Product Development - The company plans to launch a new product system called "Global Navigator" in 2024, focusing on absolute returns and global diversification, with products tailored to different risk preferences [5]. - The "Trend Guide" series of products aims to provide diversified strategies that mitigate the volatility typically associated with equity assets [5]. Group 4: Global and Local Integration - As the first foreign-controlled joint venture wealth management company in China, Huihua Wealth Management leverages its foreign parent company's expertise while adapting to local market needs [6]. - The company combines global investment strategies with local insights, ensuring that its offerings are tailored to the unique characteristics of the Chinese market [6]. Group 5: Future Outlook - The company anticipates a golden era for China's wealth management market over the next 20 years, positioning itself to capitalize on the opportunities presented to joint venture wealth management firms [7].

Group 1 - Yang Fan has been appointed as the Deputy General Manager and Chief Investment Officer of Huihua Wealth Management, pending internal governance procedures and regulatory approval [1] - Yang Fan previously served as the Managing Director and Head of Pension Investment at Bosera Fund, which has the largest pension management scale in China, amounting to 53.963 billion [1] - Huihua Wealth Management, established in September 2020, is the first Sino-foreign joint venture wealth management company in China, with a current scale exceeding 28 billion, representing an over 80% growth since the beginning of the year [1] Group 2 - Huihua Wealth Management advocates global multi-asset allocation and has launched a new product system called "Global Navigator" for 2024, focusing on absolute returns [2] - The company has a dedicated equity research team, and its mixed equity products ranked first in annualized returns among 26 wealth management companies and major commercial banks as of August 15, 2025 [2] - Huihua Wealth Management emphasizes asset allocation before stock selection, aligning with Yang Fan's experience in absolute return and safety in pension investment [2] Group 3 - The talent acquisition strategy of Huihua Wealth Management includes professionals skilled in large-scale allocation and absolute returns from various sectors, enhancing its research and investment team [3] - The company has established diverse distribution channels, being the first joint venture to collaborate with foreign banks and various domestic banks, with approximately 20% of its sales coming from external channels [3] - Huihua Wealth Management is recognized for its diverse distribution channels among joint venture wealth management firms [3] Group 4 - The recent bullish trend in the A-share market presents opportunities for equity investments, which are becoming a focus for wealth management companies [4] - Yang Fan's joining is expected to strengthen Huihua Wealth Management's asset allocation capabilities and enhance its management experience in fixed income and equity products [4]

Core Viewpoint - The appointment of Yang Fan as the Deputy General Manager and Chief Investment Officer of Huihua Wealth Management is expected to enhance the company's asset allocation capabilities and strengthen its focus on absolute returns in investment strategies [1][4]. Group 1: Company Overview - Huihua Wealth Management is the first Sino-foreign joint venture wealth management company in China, established in September 2020 through a partnership between the largest European asset management firm, Amundi, and Bank of China’s wholly-owned subsidiary [1]. - The company has seen significant growth, with its total assets exceeding 28 billion, representing an over 80% increase since the beginning of the year [1]. Group 2: Investment Strategy - Huihua Wealth Management advocates for global multi-asset allocation and aims to pursue absolute returns, with a new product system called "Global Navigator" set to launch in 2024 [2]. - The company has a dedicated equity research team, and its mixed-asset products have performed well, ranking first in annualized returns among 26 wealth management companies and major commercial banks as of August 15, 2025 [2]. Group 3: Talent Acquisition and Team Structure - The company is expanding its research and investment team by recruiting talents skilled in asset allocation and absolute returns from various sectors, including wealth management, pension funds, and insurance [3]. - The team comprises professionals with both global perspectives and local market knowledge, enhancing the company's investment capabilities [3]. Group 4: Channel Development - Huihua Wealth Management is the first joint venture wealth management company to expand into foreign banks and joint-stock banks, with its products available through multiple channels, including Bank of China and other banks [3]. - The company’s external distribution scale accounts for approximately 20% of its total, showing rapid growth this year [3]. Group 5: Market Context - The recent bullish trend in the A-share market presents opportunities for equity investments, prompting wealth management companies to focus on equity investment as a key growth area [4]. - Yang Fan's expertise in managing pension funds is expected to enhance Huihua Wealth Management's capabilities in managing "fixed income plus" portfolios and deepen its involvement in equity-linked wealth management products [4].

Group 1 - Yang Fan, former executive of Bosera Funds, is set to join Huihua Wealth Management as Deputy General Manager and Chief Investment Officer, pending internal procedures and regulatory approval [2] - Huihua Wealth Management is China's first foreign-controlled joint venture wealth management company, with 55% ownership by European asset management giant Amundi and 45% by Bank of China Wealth Management, established on September 30, 2020, with a registered capital of 1 billion RMB [2] - Huihua Wealth Management emphasizes a top-down asset allocation strategy in equity investments, aiming to enhance returns through bottom-up stock selection, aligning with Yang Fan's experience in absolute return and safety-focused investment management [2] Group 2 - Huihua Wealth Management has experienced fluctuations in its development since its establishment nearly five years ago, with rapid growth in management scale at one point, leading the industry [3] - The company has seen changes in leadership, with Wang Qian, who has significant experience in domestic wealth management, appointed as General Manager in March 2024, following the departure of the previous manager [3] - Wang Qian has introduced a product brand system called "Global Navigation," which includes four sub-series focused on absolute return objectives [3] Group 3 - As of August 15, the weighted average annualized return for mixed wealth management products over the past three months was above 10% for six institutions, including Huihua Wealth Management, which had a 9.57% return over the past six months and a 14.64% return over the past year [5] - Huihua Wealth Management's current scale is approximately 28 billion RMB, showing significant growth since the beginning of the year, although it has decreased from its peak [5] Group 4 - Huihua Wealth Management is actively expanding its distribution channels beyond its parent bank, having signed agency sales agreements with several banks, including Bank of China and Standard Chartered Bank (China) [6] - The path to profitability for foreign-controlled joint venture wealth management companies remains challenging, and the impact of hiring experienced professionals from public funds on Huihua Wealth Management's development is a point of interest [6]

Core Viewpoint - Yang Fan, a former executive at Bosera Funds, is set to join Huizhong Wealth Management as Deputy General Manager and Chief Investment Officer, pending internal procedures and regulatory approval [1][2]. Company Overview - Huizhong Wealth Management is China's first foreign-controlled joint venture wealth management company, with 55% ownership by European asset management giant Amundi and 45% by Bank of China Wealth Management. The company was established on September 30, 2020, with a registered capital of 1 billion RMB [1]. Management Changes - Yang Fan previously held significant roles at Bosera Funds, including Managing Director and Head of Pension Investment, and has extensive experience in absolute return equity investment [2]. - The company has seen a series of leadership changes, with Wang Qian, who has a strong background in asset management, appointed as General Manager in March 2024 [5]. Investment Strategy - Yang Fan will lead the investment research team to enhance asset allocation capabilities and leverage his experience in managing "fixed income plus" pension portfolios, aligning with Huizhong's focus on absolute returns [3]. - Huizhong emphasizes a top-down asset allocation approach, complemented by bottom-up stock selection to enhance returns [3]. Product Development - Huizhong Wealth Management has developed a product brand system called "Global Navigation," which includes four sub-series aimed at achieving absolute return objectives [5]. - The company is also focused on cross-border wealth management and has launched a series of dollar-denominated wealth management products [6]. Performance Metrics - As of August 15, Huizhong's mixed-asset wealth management products had a one-year annualized return of 14.64%, ranking it among the top performers in the industry [7]. - The company's current management scale is approximately 28 billion RMB, showing significant growth compared to the beginning of the year, although it has decreased from its peak [7]. Distribution Channels - Huizhong is actively expanding its distribution channels beyond its parent bank, having signed agency sales agreements with several banks, including Bank of China and Standard Chartered Bank (China) [7].

Core Viewpoint - Yang Fan, a former executive from Bosera Fund, is set to join Huizhong Wealth Management as Deputy General Manager and Chief Investment Officer, pending internal procedures and regulatory approval [2][4]. Company Overview - Huizhong Wealth Management is China's first foreign-controlled joint wealth management company, with European asset management giant Amundi holding 55% and Bank of China Wealth Management holding 45% of the shares. The company was established on September 30, 2020, with a registered capital of 1 billion RMB [2][4]. Leadership Changes - Yang Fan has extensive experience in pension account investment management, which aligns with Huizhong's focus on absolute returns and asset allocation. The company has seen several leadership changes, including the recent appointment of Wang Qian, who previously led Qingyin Wealth Management with significant asset management experience [4][7]. Investment Strategy - Huizhong Wealth Management emphasizes a top-down asset allocation approach, complemented by bottom-up stock selection to enhance returns. Yang Fan's expertise in "absolute return" strategies will be leveraged to strengthen the company's asset allocation capabilities [4][9]. Product Development - The company has launched a product brand system called "Global Navigation," which includes four sub-series focused on absolute returns. These products aim to provide stable returns and emphasize asset quality and liquidity management [7][8]. Performance Metrics - As of August 15, Huizhong Wealth Management's mixed wealth management products had a weighted average annualized return of 9.57% over the past six months and 14.64% over the past year, indicating competitive performance in the market [9][10]. Growth and Challenges - The current management scale of Huizhong Wealth Management is approximately 28 billion RMB, showing significant growth since the beginning of the year, although it has decreased from its peak. The company is actively expanding its distribution channels through partnerships with various banks [10].