People's Finance Talk丨What are the new changes in the banking financial management market? This report will reveal the secrets!

　　Bank wealth management products are an important choice for many people to take care of their money bags.

2021 is the year when the transition period for new asset management regulations ends.

What new changes have taken place in the banking wealth management market this year?

What impact will it have on your future investment and financial management?

Let us find out through the "Annual Report on China's Banking Wealth Management Market (2021)" released by the Banking Wealth Management Registration and Custody Center.

The stock rectification is basically completed, and the capital-guaranteed wealth management products are cleared to zero

　　The introduction of new asset management regulations in 2018 kicked off the reform of the asset management business.

Breaking the rigid payment and no longer guaranteeing capital and income has become an important direction for the transformation of bank wealth management products.

　　With the end of the transition period, what is the transcript of bank financial transformation?

The report shows that under the guidance of active and net worth supervision, the rectification tasks of the bank's wealth management business during the transition period have been basically completed, and the capital-guaranteed wealth management products have been cleared.

　　Data show that by the end of 2021, the scale of capital-guaranteed wealth management products has been reduced from 4 trillion yuan when the new asset management regulations were released to zero.

At the same time, the proportion of net worth products has increased significantly.

By the end of 2021, the balance of net worth wealth management products was 26.96 trillion yuan, accounting for 92.97%.

　　In terms of the rectification of existing business, the report shows that most banks completed the rectification plan for the existing wealth management products on schedule.

　　While the business transformation achieved remarkable results, the wealth management market maintained stable and healthy development.

By the end of 2021, the scale of my country's bank wealth management market reached 29 trillion yuan, a year-on-year increase of 12.14%.

The number of investors has grown rapidly, and the investment income has remained stable

　　For a long time, bank wealth management products have been favored by many investors for their "guaranteed principal and income".

　　In the context of breaking the rigid payment in the asset management industry, without the "golden armor" of "stable profit without loss", will the attractiveness of bank wealth management products remain?

　　Data show that by the end of 2021, the number of investors holding wealth management products reached 81.3 million, a record high and a year-on-year increase of 95.31%.

Among them, individual investors still occupy the absolute main force in the wealth management market, accounting for 99.23% of the total.

　　"In the context of the asset management industry breaking the rigid exchange, bank wealth management has achieved relatively stable product returns with its advantages such as long-term and stable fund supply channels, professional and high-quality asset management capabilities, and rich and diverse product design innovation." The report said.

　　Data show that since the release of the new asset management regulations, wealth management products have created a total of 3.61 trillion yuan in income for investors, of which nearly 1 trillion yuan will be created for investors in 2021.

　　Facts have proved that after the pains of transformation, the bank's wealth management market has developed steadily, and it is still an important channel for the people to manage their "money bags".

Low- and medium-risk products account for over 80%

　　Does the clearing of capital-guaranteed wealth management products mean that the risk of bank wealth management products has increased?

Is it still a suitable choice for investors with relatively stable investment orientation?

From the following three dimensions, the answer may be found.

　　In terms of risk level, as of the end of 2021, the scale of wealth management products with a risk level of 2 (low to medium) and below was 24.06 trillion yuan, accounting for 82.97%; wealth management products with a risk level of 4 (medium-high) and 5 (high) The product scale is 0.11 trillion yuan, accounting for 0.37%.

　　From the perspective of product structure, as of the end of 2021, the remaining balance of fixed-income wealth management products was 26.78 trillion yuan, accounting for 92.34% of the remaining balance of all wealth management products; the remaining balance of mixed wealth management products accounted for 7.38%; the remaining balance of equity wealth management products The proportion is 0.28%.

　　In terms of yield, in each month of 2021, the weighted average annualized yield of wealth management products will be the highest at 3.97% and the lowest at 2.29%, with relatively stable yield fluctuations.

　　Experts generally believe that the establishment of institutional arrangements to break the rigid payment does not mean the risk of bank wealth management products is rising. For ordinary investors, bank wealth management is still a product with low risk and moderate yield.

　　Despite this, investors still need to keep in mind that the rigid payment of bank wealth management products has become a thing of the past, and establish the investment concept of risk-taking.

(Reporter Li Yanxia)