Chinese Wealth Managers Shift to Index-Linked Performance Benchmarks

Multiple Chinese wealth management companies are switching their product performance benchmarks from fixed numerical targets to dynamic index-linked benchmarks, according to 36Kr. The shift represents a move toward greater transparency, aligning returns with market indices rather than preset expectations. However, industry insiders noted that while index-linked benchmarks better reflect market trends and underlying asset performance, they may confuse investors. Wealth managers are exploring ways to help investors adapt to the new framework, as reported by China Securities Journal.