Wealth management companies intensively "change anchors" as performance benchmarks shift to index linkage.
Recently, many financial management companies such as CMB Financial Management and Industrial Bank Financial Management have made intensive adjustments to the performance benchmarks of many of their financial products, changing interval benchmarks to index-linked benchmarks in preparation for the implementation of the "Regulations on the Disclosure of Information on Asset Management Products of Banking and Insurance Institutions" on September 1. CMB Financial Management stated that the company follows the principle of "adjust as much as possible," and plans to convert interval and numerical benchmarks to index-linked benchmarks before September 1, such as linking to the 7-day deposit rate with a certain increase. The new disclosure regulations specify that benchmarks should not be adjusted unless there is a significant change in the product's investment strategy or scope, and the company aims to minimize adjustments and primarily issue new products linked to index benchmarks.
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