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\n

\u3010\u718a\u732b\u65f6\u62a5\u8baf\u3011\u5c3d\u7ba1\u4e2d\u7f8e\u5173\u7cfb\u6076\u5316\uff0c\u4f46\u534e\u5c14\u8857\u4e00\u4e9b\u6700\u5f3a\u5927\u7684\u91d1\u878d\u673a\u6784\u6b63\u52a0\u7d27\u52aa\u529b\u5728\u4e2d\u56fd\u8fbe\u6210\u4ea4\u6613\u3002<\/p>\n

\u4e16\u754c\u6700\u5927\u7684\u8d44\u4ea7\u7ba1\u7406\u516c\u53f8\u8d1d\u83b1\u5fb7(BlackRock)\u4e0a\u6708\u83b7\u51c6\u4e0e\u4e2d\u56fd\u4e00\u5bb6\u56fd\u6709\u94f6\u884c\u5408\u4f5c\u3002\u51e0\u5929\u540e\uff0c\u4e0e\u4e4b\u7ade\u4e89\u7684\u8d44\u4ea7\u7ba1\u7406\u516c\u53f8\u5148\u950b\u96c6\u56e2(Vanguard)\u8868\u793a\uff0c\u5c06\u628a\u5176\u5730\u533a\u603b\u90e8\u8fc1\u81f3\u4e0a\u6d77\uff0c\u800c\u82b1\u65d7\u96c6\u56e2(Citigroup)\u5219\u6210\u4e3a\u9996\u5bb6\u5728\u4e2d\u56fd\u83b7\u5f97\u57fa\u91d1\u6258\u7ba1\u724c\u7167\u7684\u7f8e\u56fd\u94f6\u884c\u3002\u6b64\u5916\uff0c\u6469\u6839\u5927\u901a(JPMorgan Chase)\u8ba1\u5212\u6536\u8d2d\u4e2d\u56fd\u5408\u4f5c\u4f19\u4f34\u5728\u4e00\u5bb6\u4e2d\u56fd\u57fa\u91d1\u4e1a\u52a1\u4e2d\u7684\u5168\u90e8\u80a1\u6743\u7684\u7ec6\u8282\u4e5f\u5df2\u6d6e\u51fa\u6c34\u9762\u3002<\/p>\n

\u8fd9\u4e9b\u65b0\u4e3e\u63aa\u51fa\u53f0\u4e4b\u9645\uff0c\u4e2d\u56fd\u653f\u5e9c\u6b63\u91c7\u53d6\u63aa\u65bd\uff0c\u63a8\u52a8\u5176\u89c4\u6a21\u5e9e\u5927\u4f46\u53d7\u5230\u4e25\u5bc6\u4fdd\u62a4\u7684\u8d44\u672c\u5e02\u573a\u8d70\u5411\u81ea\u7531\u5316\u3002\u8fd9\u4e9b\u6570\u636e\u8868\u660e\uff0c\u572811\u6708\u7f8e\u56fd\u603b\u7edf\u5927\u9009\u524d\u5915\u7f8e\u4e2d\u7d27\u5f20\u5c40\u52bf\u7684\u80cc\u540e\uff0c\u4e24\u56fd\u5728\u91d1\u878d\u670d\u52a1\u65b9\u9762\u7684\u5173\u7cfb\u6b63\u5728\u62c9\u8fd1\u3002<\/p>\n

\u201c\u4f60\u770b(\u4e2d\u56fd)\u7684\u4efb\u4f55\u5730\u65b9\uff0c\u90fd\u6709\u5f88\u591a\u94b1\uff0c\u4e16\u754c\u4e0a\u8fd8\u6709\u4ec0\u4e48\u5730\u65b9\u6709\u8fd9\u6837\u7684\u673a\u4f1a\u80fd\u83b7\u5f97\u8fd9\u4e48\u591a\u8d44\u91d1\u7528\u4e8e\u7ba1\u7406?\u201d\u82b1\u65d7\u96c6\u56e2\u65d7\u4e0bCititrust\u7684\u4e9a\u6d32\u4e3b\u5e2d\u65af\u56fe\u5c14\u7279\u2022\u5965\u5c14\u5fb7\u514b\u7f57\u592b\u7279(Stewart Aldcroft)\u8868\u793a\u3002\u201c\u5766\u7387\u5730\u8bf4\uff0c\u6ca1\u6709\u4efb\u4f55\u5730\u65b9\u53ef\u4ee5\u8fd9\u6837\u505a\u201d\u3002<\/p>\n

\u6700\u8fd1\u4e00\u6ce2\u7684\u6295\u8d44\u6d3b\u52a8\u4e3b\u8981\u96c6\u4e2d\u5728\u4e2d\u56fd\u7684\u57fa\u91d1\u7ba1\u7406\u884c\u4e1a\u3002\u5728\u4eca\u5e741\u6708\u516c\u5e03\u7684\u7f8e\u4e2d\u7b2c\u4e00\u9636\u6bb5\u8d38\u6613\u534f\u8bae\u4e2d\uff0c\u57fa\u91d1\u7ba1\u7406\u884c\u4e1a\u88ab\u89c6\u4e3a\u63d0\u4f9b\u4e86\u4e00\u4e2a\u201c\u5408\u4f5c\u548c\u4e92\u5229\u201d\u7684\u673a\u4f1a\u3002<\/p>\n

\u4e2d\u56fd\u4eca\u5e74\u5f00\u59cb\u5b9e\u65bd\u7684\u6539\u9769\u610f\u5473\u7740\uff0c\u5916\u56fd\u516c\u53f8\u9996\u6b21\u53ef\u4ee5\u5728\u4e2d\u56fd\u5feb\u901f\u589e\u957f\u7684\u5171\u540c\u57fa\u91d1\u9886\u57df\u5b8c\u5168\u62e5\u6709\u81ea\u5df1\u7684\u4e1a\u52a1\u3002\u5fb7\u52e4(Deloitte)\u7684\u4e00\u9879\u9884\u6d4b\u663e\u793a\uff0c\u52302023\u5e74\uff0c\u516c\u5f00\u6ce8\u518c\u7684\u57fa\u91d1\u53ef\u80fd\u6301\u67093.4\u4e07\u4ebf\u7f8e\u5143\u7684\u8d44\u4ea7\u3002<\/p>\n

\u54a8\u8be2\u516c\u53f8Casey Quirk\u4f30\u8ba1\uff0c\u52302023\u5e74\uff0c\u4e2d\u56fd\u5c06\u8d85\u8fc7\u82f1\u56fd\uff0c\u6210\u4e3a\u5168\u7403\u7b2c\u4e8c\u5927\u57fa\u91d1\u5e02\u573a\u3002<\/p>\n<\/div>\n<\/div>\n

\n
\n

\u4e0a\u6d77\u54a8\u5954\u5546\u52a1\u54a8\u8be2(Z-Ben Advisors)\u521b\u59cb\u4eba Peter Alexander \u8868\u793a\uff1a\u201c\u6211\u4eec\u77e5\u9053\u4e2d\u56fd\u7684\u610f\u56fe\u662f\u5f00\u653e\u5e02\u573a\uff0c\u4ed6\u4eec\u8fd9\u4e48\u505a\u7684\u539f\u56e0\u5e76\u4e0d\u662f\u56e0\u4e3a\u4ed6\u4eec\u5bbd\u5b8f\u5927\u91cf\u3002\u201d\u76f8\u53cd\uff0c\u4ed6\u8bf4\uff0c\u4e2d\u56fd\u5e0c\u671b\u4ece\u7f8e\u56fd\u7684\u201c\u6700\u4f73\u505a\u6cd5\u201d\u4e2d\u83b7\u76ca\u3002<\/p>\n

Aldcroft \u63d0\u5230\u4e866\u5e74\u524d\u4e2d\u56fd\u8bc1\u76d1\u4f1a\uff08CSRC\uff09\u9ad8\u7ea7\u5b98\u5458\u8bbf\u95ee\u82b1\u65d7\u548c\u9999\u6e2f\u8bc1\u76d1\u4f1a\uff08SFC\uff09\u7684\u60c5\u51b5\u3002\u4ed6\u8bf4\uff1a\u201c\u4ed6\u4eec\u8ba4\u4e3a\uff0c\u5916\u56fd\u516c\u53f8\u5e26\u6765\u7684\u7ade\u4e89\u662f\u4e00\u79cd\u975e\u5e38\u5065\u5eb7\u7684\u53d1\u5c55\u3002\u201d<\/p>\n

\u4e2d\u56fd\u7684\u5171\u540c\u57fa\u91d1\u4e1a\u4ecd\u5904\u4e8e\u8d77\u6b65\u9636\u6bb5\u3002\u9ad8\u76db(Goldman Sachs)\u4f30\u8ba1\uff0c\u4e2d\u56fd\u53ea\u67097%\u7684\u5bb6\u5ead\u8d44\u4ea7\u6295\u8d44\u4e8e\u80a1\u7968\u548c\u5171\u540c\u57fa\u91d1\uff0c\u800c\u7f8e\u56fd\u7684\u8fd9\u4e00\u6bd4\u4f8b\u4e3a32%\u3002\u4e2d\u56fd\u5bb6\u5ead\u7684\u8d44\u4ea7\u6709\u4e09\u5206\u4e4b\u4e8c\u662f\u623f\u5730\u4ea7\uff0c\u8fd1\u4e94\u5206\u4e4b\u4e00\u662f\u73b0\u91d1\u548c\u5b58\u6b3e\u3002<\/p>\n

\u4e2d\u56fd\u80a1\u5e02\u8fd8\u53d7\u5230\u6ce2\u52a8\u7684\u4e25\u91cd\u51b2\u51fb\u2014\u2014\u4eca\u5e74\u4ee5\u6765\uff0c\u968f\u7740\u80a1\u6307\u5927\u5e45\u4e0a\u6da8\uff0c\u5b98\u65b9\u5b98\u65b9\u5a92\u4f53\u5bf9\u8fd9\u4e2a\u95ee\u9898\u8868\u8fbe\u4e86\u62c5\u5fe7\u3002\u4ef7\u683c\u7684\u5267\u70c8\u6ce2\u52a8\u5f15\u53d1\u4e86\u666e\u901a\u6295\u8d44\u8005\u7684\u62c5\u5fe7\uff0c\u4ed6\u4eec\u62c5\u5fc3\u5e02\u573a\u53ef\u80fd\u662f\u5371\u9669\u7684\u3002<\/p>\n

\u201c\u5bf9\u4e8e\u6ca1\u6709\u4e13\u4e1a\u91d1\u878d\u77e5\u8bc6\u7684\u6563\u6237\u6295\u8d44\u8005\u6765\u8bf4\uff0c\u8fd9\u662f\u5f88\u96be\u83b7\u5229\u7684\uff0c\u201d40\u591a\u5c81\u7684\u4e0a\u6d77\u6563\u6237\u6295\u8d44\u8005\u6c88\u4f73\u7ea2(\u97f3\u8bd1)\u8868\u793a\u3002\u5979\u6ca1\u6709\u8d2d\u4e70\u4e2a\u80a1\uff0c\u800c\u662f\u4e3b\u8981\u8d2d\u4e70\u5171\u540c\u57fa\u91d1\uff0c\u5979\u6839\u636e\u4fe1\u606f\u670d\u52a1\u516c\u53f8\u7684\u6392\u540d\u5bf9\u57fa\u91d1\u8fdb\u884c\u8bc4\u4f30\u3002<\/p>\n

\u5916\u56fd\u516c\u53f8\u7684\u5174\u8da3\u5e76\u4e0d\u5c40\u9650\u4e8e\u51fa\u552e\u5171\u540c\u57fa\u91d1\u3002\u8d1d\u83b1\u5fb7\u6700\u8fd1\u83b7\u5f97\u4e86\u5b8c\u5168\u62e5\u6709\u81ea\u5df1\u5171\u540c\u57fa\u91d1\u4e1a\u52a1\u7684\u6743\u5229\uff0c\u4f46\u5b83\u4e0e\u4e2d\u56fd\u5efa\u8bbe\u94f6\u884c(China Construction Bank)\u548c\u65b0\u52a0\u5761\u6de1\u9a6c\u9521(Temasek)\u7684\u65b0\u5408\u4f5c\uff0c\u4e5f\u5c06\u4f7f\u5b83\u80fd\u591f\u5728\u4e2d\u56fd\u7684\u8d22\u5bcc\u7ba1\u7406\u5e02\u573a\u53d1\u6325\u4f5c\u7528\u3002\u4e2d\u56fd\u7684\u8d22\u5bcc\u7ba1\u7406\u5e02\u573a\u7531\u56fd\u5185\u94f6\u884c\u4e3b\u5bfc\u3002\u672c\u6708\uff0c\u4e2d\u56fd\u6279\u51c6\u82b1\u65d7(Citi)\u6210\u4e3a\u9996\u5bb6\u63d0\u4f9b\u7c3f\u8bb0\u3001\u8d38\u6613\u7ed3\u7b97\u548c\u6536\u5165\u5904\u7406\u7b49\u6258\u7ba1\u670d\u52a1\u7684\u94f6\u884c\u3002<\/p>\n<\/div>\n<\/div>\n

\n
\n

\u4eca\u5e743\u6708\uff0c\u6469\u6839\u58eb\u4e39\u5229\u83b7\u5f97\u4e86\u5176\u5728\u534e\u8bc1\u5238\u5408\u8d44\u516c\u53f8\u7684\u591a\u6570\u80a1\u6743\u3002\u6469\u6839\u5927\u901a\u6700\u8fd1\u83b7\u51c6\u6210\u4e3a\u9996\u5bb6\u5728\u4e2d\u56fd\u5b8c\u5168\u62e5\u6709\u671f\u8d27\u4e1a\u52a1\u7684\u5916\u8d44\u94f6\u884c\u3002\u9664\u6b64\u4e4b\u5916\uff0c\u6469\u6839\u5927\u901a\u8fd8\u901a\u8fc7\u5176\u8d44\u4ea7\u7ba1\u7406\u90e8\u95e8\u63a7\u5236\u4e86\u5176\u5728\u534e\u5171\u540c\u57fa\u91d1\u4e1a\u52a1\u3002<\/p>\n

\u6469\u6839\u5927\u901a\u8463\u4e8b\u957f\u517c\u9996\u5e2d\u6267\u884c\u5b98 Jamie Dimon 2018\u5e74\u5728\u5317\u4eac\u63a5\u53d7\u5f6d\u535a(Bloomberg)\u91c7\u8bbf\u65f6\u8868\u793a\uff0c\u6469\u6839\u5927\u901a\u201c\u5728\u8fd9\u91cc\u5efa\u8bbe\u4e86100\u5e74\u201d\u3002<\/p>\n

Dimon \u8868\u793a:\u201c\u603b\u6709\u4e00\u5929\uff0c\u8fd9\u91cc\u53ef\u80fd\u4f1a\u6709\u4e00\u5ea7\u4e0e\u6211\u4eec\u5728\u7ebd\u7ea6\u62e5\u6709\u7684\u5854\u4e00\u6837\u7684\u5854\u3002\u201d<\/p>\n

\u593a\u53d6\u5e02\u573a\u4efd\u989d\u53ef\u80fd\u5e76\u4e0d\u5bb9\u6613\u3002\u6807\u51c6\u4eba\u5bff(Standard Life Aberdeen)\u4e9a\u6d32\u4e1a\u52a1\u4e3b\u7ba1 Hugh Young \u8868\u793a\uff0c\u56fd\u9645\u8d44\u4ea7\u7ba1\u7406\u516c\u53f8\u9762\u4e34\u7740\u4e00\u4e9b\u201c\u6839\u6df1\u8482\u56fa\u201d\u7684\u56fd\u5185\u7ade\u4e89\u5bf9\u624b\u3002<\/p>\n

\u4ed6\u8865\u5145\u79f0\uff0c\u8bb8\u591a\u5916\u56fd\u516c\u53f8\u6b63\u8bd5\u56fe\u5de9\u56fa\u81ea\u5df1\u5728\u4e2d\u56fd\u5e02\u573a\u7684\u5730\u4f4d\uff0c\u4ee5\u4fbf\u4ece\u8d44\u672c\u6d41\u52a8\u6700\u7ec8\u81ea\u7531\u5316\u4e2d\u53d7\u76ca\u3002\u5c4a\u65f6\uff0c\u4e2d\u56fd\u653f\u5e9c\u5c06\u653e\u677e\u5bf9\u5bb6\u5ead\u548c\u4f01\u4e1a\u5411\u6d77\u5916\u8f6c\u79fb\u8d44\u91d1\u6570\u91cf\u7684\u63a7\u5236\u3002<\/p>\n

\u4e9a\u5386\u5c71\u5927\u540c\u610f\uff0c\u201c\u8ba9\u4e2d\u56fd\u8d44\u91d1\u8d70\u5411\u5168\u7403\u201d\u662f\u5916\u56fd\u516c\u53f8\u7684\u201c\u5723\u676f\u201d\u2014\u2014\u4f46\u4e2d\u56fd\u653f\u5e9c\u4e0d\u4f1a\u5141\u8bb8\u5b83\u4eec\u5728\u8fd9\u4e00\u8fc7\u7a0b\u4e2d\u5360\u636e\u4e3b\u5bfc\u5730\u4f4d\u3002\u4ed6\u7684\u610f\u601d\u662f\u4e2d\u56fd\u4eba\u6709\u81ea\u5df1\u7684\u6253\u7b97\u3002\u201d<\/p>\n

[\u00a0\u534e\u5c14\u8857\u6587\u6458\u8bd1 – \u539f\u6587 FT<\/b>\u00a0— 2020\u5e749\u670810\u65e5]<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

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