Swiss private bank Julius Baer has entered into a partnership with Beijing International Wealth Management Institute.
Both parties will work closely to combine Julius Baer’s wealth management expertise with academic research conducted by the institute to improve the training and education of professionals in the Chinese wealth management industry.
The Institute was established through the support of the Beijing Municipal Government and Tongzhou District Government.
Jimmy Lee, head Asia Pacific and member of the executive board at Julius Baer, said: “China is a key market for Julius Baer and we are honoured to be able to contribute to the ongoing development of the private wealth management industry through this partnership.”
Shan Li, chairman of the board at the Beijing International Wealth Management Institute, said: “The strategic partnership between the Institute and Julius Baer will set a good example for the wealth management industry and wealth management education.
“I believe this synergy will promote the continuous evolution of China’s wealth management industry towards internationalisation and specialisation.”