Beijing, June 28th, 2017 – CreditEase Wealth Management was named "Best Wealth Management Firm of the Year" in the inaugural China Independent Wealth Management category, by Asiamoney. This award is the second global recognition within half a year for CreditEase Wealth Management, after receiving the Asian Banker’s award for "Best Non-Bank Private Wealth Product" in December 2016.

CreditEase Wealth Management was awarded for its assets under management (AUM), wealth management product performance, and the firm’s application of modern technologies to better service its clients. CreditEase Wealth Management was one of the only two institutions that qualified to receive awards in eight categories under a rigorous evaluation process.

According to Asiamoney, “[In] 2016, CreditEase set itself further apart from its domestic peers with remarkable success in sustaining robust business growth, outstanding performance of product offerings and leadership in exploring advanced technologies to develop innovative products.”

Asiamoney added, “[CreditEase] launched a robo-advisor platform to help mass affluent clients find the most suitable asset allocation solutions and enable them to track and rebalance their portfolios real time to optimize returns. The firm also rolled out a “smart insurance” platform which employs big data analytic tools that immediately construct and recommend comprehensive insurance plans for clients after they submit information via mobile phones. It was also the wealth management firm to apply blockchain technology in philanthropic financing to allow clients to track the performance of the loans offered to needy people.”

“This is Asiamoney’s very first evaluation of China’s independent wealth management firms,” said Ning Tang, CreditEase’s founder and CEO. “For CreditEase Wealth Management to win the biggest award from the get-go is a solid testament to Asiamoney’s recognition of our overall strength, and a distinct acclaim for our campaign to popularize the concept of asset allocation in China.”

On the development trends of China’s wealth management sector, Tang named five transformations to watch – the transformation from fixed income to equity products, from short-term to long-term investment, from domestic to cross-border investment, from single investment products to asset allocation portfolios, and from first-generation to second-generation wealth creation. Tang pledged to build on CreditEase Wealth Management’s leading position, focusing on the authentic, long-term and implicit demands of customers and providing them with all-round asset allocation services powered by innovative technology.

About CreditEase Wealth Management

CreditEase Wealth Management is the wealth management arm of CreditEase, and focuses on comprehensive global asset allocation services for high-net-worth individuals and mass affluent Chinese investors. It also offers a wide range of services such as investment immigration and international education advisory, and products across different asset classes including fixed income, private equity, capital markets, real estate and insurance. CreditEase Wealth Management is committed to providing high-quality products and services in line with customer needs and expectations, as well as helping to formulate comprehensive plans for wealth preservation and growth. On December 14, 2016, CreditEase Wealth Management was named winner of the "Best Non-Bank Private Wealth Product" by The Asian Banker, a Singapore-based leading provider of strategic intelligence on the financial services industry.

About Asiamoney

Asiamoney is one of the most respected publications focusing on asset management and the global capital market. It is a subsidiary of Euromoney Institutional Investor PLC – one of the world's largest business-to-business information company. Other marquees brands under the Euromoney Institutional Investor PLC banner include Euromoney, a monthly magazine focused on business and finance, and Institutional Investor, a monthly periodical covering global research and issues rankings. For 28 years, Asiamoney has committed to observing and reporting on the region’s financial and capital markets. Asiamoney has polled, ranked, analyzed, and recognized key Asian institutions and nations with awards such as “Best Bank for Cash Management” and “Best Private Bank” in the past. Previous winners include UBS, Citibank, and DBS.