Research Article
Research on the Risk of Structural Wealth Management Products Based on VaR
@INPROCEEDINGS{10.4108/eai.8-12-2023.2344720, author={Wenli Wang}, title={Research on the Risk of Structural Wealth Management Products Based on VaR}, proceedings={Proceedings of the 5th Management Science Informatization and Economic Innovation Development Conference, MSIEID 2023, December 8--10, 2023, Guangzhou, China}, publisher={EAI}, proceedings_a={MSIEID}, year={2024}, month={4}, keywords={financial products;risk;optimal design}, doi={10.4108/eai.8-12-2023.2344720} }- Wenli Wang
Year: 2024
Research on the Risk of Structural Wealth Management Products Based on VaR
MSIEID
EAI
DOI: 10.4108/eai.8-12-2023.2344720
Abstract
In recent years, with the rapid development of the domestic economy, the wealth management products of Chinese banks have become increasingly mature and strong, with a history of 17 years since their development in 2003. Especially with the implementation of the "New Asset Regulations" in 2018, breakeven wealth management officially became history, and the wealth management market underwent continuous changes. Under the influence of this new regulation, major financial institutions have transformed one after another, and banks are attempting to break the shackles of traditional bank wealth management products and launch innovative products. Among them, structured wealth management products, with their advantages of controllable returns and risks, have increasingly become the new darling of the bank wealth management industry.
