Research On The Asset Allocation Strategy Of High Net Worth Customers Of Private Banks In China

With the explosive growth of China's economy in the past two decades,there are more and more high net worth people in China,and as a private bank specially serving high net worth people,it has become the focus of the development of China's commercial Banks.At the same time,China's economy has entered a new normal stage of development,and the development of private banking business has become an effective starting point for the adjustment,transformation and upgrading of the industrial structure of commercial Banks.Is the core of the private banking business for high net worth population of asset allocation,and the core of asset allocation is the product of choice and risk control,how satisfying demand of high net worth clients to build product portfolio to become the current commercial Banks and private banking sector for solve the problem of the primary,so private Banks need to constantly enhance the level of their asset allocation and use of more advanced and reasonable allocation strategy for high net worth clients with more diversified services.Firstly,this paper refers to the development status and asset allocation principles of private banking services at home and abroad.Based on this,it comes to the necessity of improving the asset allocation ability of private Banks.Besides,it also learns from the asset allocation process model of foreign private Banks.Secondly,five basic assets were selected for data processing by referring to the types of financial products of private Banks in China,and a regression model of assets was constructed by using macroeconomic indicators.Finally,under the current economic background of China,the author analyzes the asset allocation results of high net worth clients,and provides relevant asset allocation Suggestions for the private financial management departments of China's banking industry,and reasonable and feasible asset allocation strategies for high net worth clients.In the current economic context,it is of great significance for this paper to take the high net worth clients of private Banks as the research object to discuss the relevant issues of asset allocation.First of all,asset allocation strategy can provide efficient and reasonable investment portfolio for high net worth clients,which is conducive to the maintenance and appreciation of high net worth clients' assets.Secondly,the study of strategies can not only provide effective investment portfolios for private Banks' high net worth clients,but also improve the allocation efficiency of the whole market.Finally,although the research object of this paper is high net worth individuals,the general applicability of asset allocation strategies can also play a very important guiding role in asset allocation of non-high net worth individuals.