Yuan Fluctuation Drives 44 pc of Foreign Investment

A private banking survey shows 44 percent of customers are making overseas investments in response to yuan volatility.

First, wealthy clients are adjusting their investments for the following reasons:
The report notes that the domestic stock market volatility, falling interest rates, the trend of the RMB exchange rate and the real estate market differentiation, the 2015 high-net-worth individuals to adjust the asset allocation for these four main reasons, accounting for respectively 69%, 43%, 41% and 29%.
The are investing overseas for these reasons:
The report analyzes the existing foreign investment and overseas investment may be undertaken over the next three years Strider private group, 44 percent of private-line client that "the yuan currency fluctuation" is the main reason for carrying out its foreign asset allocation. This shows that China's foreign assets of the leading personal investment boom has opened, bringing new business opportunities to all types of wealth managers.

Caijing: 中国私行2016报告:人民币波动催热海外资产配置

Brief English write up at Shanghai Daily: Private banking set to tap rising wealth

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