Artificial Intelligence
SmithGroup Forecasts Trends for the 2020s in Design & Health Care
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DETROIT, Jan. 06, 2020 (GLOBE NEWSWIRE) — SmithGroup one of the nation’s leading integrated design firms, has tapped its broad network of 1,300 interdisciplinary design professionals to offer its predictions for the trends and challenges that the design industry will face in the decade ahead. A firmwide discussion has yielded major disruptors that are likely to impact design of health care environments in the 2020s.
Adapting to the Climate Crisis
“In the last couple of years, the impacts of climate change are increasingly viewed as a global crisis, and I believe the next decade will be defined by our response to this emergency,” says San Diego-based architectural designer Annie Chiang. The impacts of this ongoing crisis will continue to stress infrastructure of essential buildings and systems. “Health care organizations will look to the design and construction industry to create and deliver high-performing, resilient hospitals on tight budgets,” predicts Jessica Miller, a mechanical engineer in the Boston office. National standards including Facility Guidelines Institute (FGI) and American Society of Heating, Refrigerating and Air-Conditioning Engineers (ASHRAE), as well as state and local regulations, like the new California Building Code, will continue to challenge hospitals to become more energy efficient.
Disasters and extreme weather will continue to expose the failure of buildings to adapt to the changing environment. “We will analyze and anticipate the specific risks posed in each locality, looking beyond historical data to predict future impacts, and design for the demands those threats create on the building systems of health care spaces,” says Tyler Krehlik, an architect in San Francisco.
Health care environments will be designed with ever-greater flexibility to allow for quick adaptations to the roller-coaster of impacts caused by the climate emergency—whether it be spikes in emergency care following extreme weather incidents, or care for lingering stressors like poor air quality or inadequate food supply. Designing for redundancy in building operations and critical patient services will be a minimum standard to ensure hospitals and clinics can provide uninterrupted care after a catastrophe.
Making Health More Equitable Access to health and wellness services is a vital part of any conversation about community resilience, leading to a future where a hospital becomes an anchor within its community and personal health care is just one of many services offered to citizens. “Health systems will seek to enhance holistic wellbeing in the community, making investments beyond required healthcare benefits like supporting increases in public greenspaces or trails, or creating programs in high schools to prepare students for future careers in health care,” says Johnny Wong, an architect in San Francisco.
Health systems will use the power of big data, collected responsibly in a non-biased manner, to shape healthy behaviors and lifestyles in their communities, identifying particularly at-risk populations as well as needs and priorities in the local population. This will help organizations pinpoint and provide culturally-sensitive care across a variety of diverse communities, lend a more holistic view for providers of patients’ lives and needs, and change care practices to be inclusive.
Design professionals will benefit from this shift, moving away from being observers of communities to engaging communities in creating solutions together. Further, designers will think beyond project boundaries adopting non-traditional roles and methodologies to focus on population-health models as the ideal future state of health delivery, rather than the more common fee-for-service or value-based care. “Design can help drive a future of building healthier communities where equitable access to care helps everyone to thrive,” predicts Chicago architect Karthik Ramadurai.
Considering the Consumer
For some time, health care providers have predicted that the “consumerism” phenomenon would transform the industry. While there have been mixed results to-date in the shift to a consumer-driven model, this trend is expected to gain momentum in the next decade as providers are further challenged by comparisons to other industries where the consumer is in control of their experience. Patients will continue to be influenced by the ease of online shopping, voice assistants and mobile banking, thus shaping expectations of how they should be able to schedule appointments, communicate with their caregivers and order medications. Health practice director Wayne Barger suggests that “to achieve a more customer-focused experience, designers should continue to focus on access and convenience while challenging long-held assumptions about spaces dedicated to waiting, admitting and registration.”
Hospital design will continue to be influenced by the hospitality industry as patients—and their families—expect inpatient hospital stays to mimic the high-end experiences of hotels, resorts and spas. The shift to private rooms will continue, but the trend will expand to include a re-examination of the entire experience beyond the patient room. Demand for accommodations for family members staying with patients may give rise to separate bathrooms or sleep spaces away from the patient room, for example.
Health and Wellness of Healthcare’s Workforce
Today employee burnout in healthcare is an epidemic—according to the Mayo Clinic more than 40% of physicians report symptoms of burnout, while 70% of nurses reported to CareerBuilder they feel similarly stressed. In the next decade, it is expected the healthcare workforce will continue to be taxed. It will become increasingly common for design professionals not just to create spaces that enable healthcare providers to perform their work efficiently and effectively, but to strategically incorporate respite areas that help caregivers to decompress from the stress of their work.
“We will be designing more spaces where care teams can meet and collaborate effectively,” predicts Ann Kenyon, health studio leader in Detroit. Team-based care will continue to improve patient outcomes, but also reinforce positive mindsets and engaging working environments for healthcare professionals. Health systems will take cues from corporate office amenities, integrating facilities intended to improve their employees’ health and wellness while at work. “We’ll see more exercise facilities, healthy meal service, outdoor exercise options and garden spaces, social spaces to connect with colleagues and spaces for respite and relaxation in order to attract and retain top talent,” expects Kendra Kettelhut, an interior designer in Los Angeles. Health employers will emphasize that keeping their workforce healthy will translate to better outcomes for patients.
Advancing Virtual Care
Personal technologies, particularly wearables, are pushing the care of health and wellbeing into people’s conscious thinking throughout each day—tracking eating, movement, sleep and more. In the next decade these technologies will create robust virtual care environments that will be accessible nearly anywhere, bringing care far closer to the patient. Workspaces for healthcare providers will adapt to add greater diversity in space types—virtual consulting will require private, tech-connected spaces, for example.
In the next decade, wearable sensors will tell patients when to seek medical attention, schedule appointments, even direct the safest transportation routes when going to a clinic or hospital. “As the advancements in personal technologies continue to accelerate and become ever-more woven into day-to-day life, expectations for technologically-connected and intuitive medical facilities will rise,” says Washington, DC health studio leader Cindy Beckham. Health systems may struggle to catch up to the rapid pace given the average vintage of facilities pre-dates such technologies but can gain ground by becoming more connected and intuitive, and creating greater convenience and accessibility for patients.
Integrated technologies will provide patients with more control in their clinical experiences, helping to give them a more proactive role in their own care. This could include systems that allow patients to room themselves, access their test results in real time, and converse with specialists at their convenience. Acceleration in AI & Robotics
The impact of artificial intelligence and robotics on health care is anticipated to accelerate in the next decade. AI will enable quicker, more accurate detection and diagnosis of disease, and machine learning will make it possible to better analyze treatment patterns, identify other similar cases to generate new research possibilities, or help manage chronic health issues for individuals.
Repetitive, routine tasks like check-in, charting, referrals, confirming medications and filling prescriptions, will be performed by automated tools, potentially relieving some strain on healthcare professionals. Personal wearables will make it possible to record patient vitals without a nurse, potentially streamlining space needed for such a task in a typical care setting.
AI will also help health systems better manage operations, including supply chains and staffing. As with other building types, AI is creating more responsive facilities with optimized building systems to help eliminate wasted energy and water.
Robotics may even make their way inside patients in the next decade, with advancements in robotic organs. “Treating bionic humans will demand an evolvement in the physical and virtual care environments,” predicts architectural designer Holly Harris in the firm’s Chicago office. Genomics Influence on Primary Care and Precision Prevention
The next decade will continue to see advances in precision medicine and genomics, leading to more personalized treatment for acute diagnoses of conditions like cancer. “The physician’s new partner will be the genetic counselor, and together they’ll be able to predict hundreds of possible diseases or conditions from a single blood test,” suggests San Francisco-based medical planner Vince Avallone. “This blood test will become as common as our annual physical.”
Through simple testing, clinicians and patients will benefit from understanding predispositions for diseases like diabetes, heart or liver disease, allowing patient and doctor to create improved wellness programs, and better-timed screenings and diagnostics. These advances will result in fewer incidents of acute care in the hospital setting and potentially less outpatient treatment, thus shifting even more focus to preventative care and wellness.
As precision medicine and genomics become more common in the 2020s, health teams will change shape becoming a team of data analysts, interpreting patients’ personal testing results as continued research unveils new biomarkers for disease. “It’s possible that in ten years we’ll have our primary care visits from home, reviewing our health statistics on a personal dashboard and communicating with our care team to keep ourselves healthier longer,” says Harris.
As the oldest continually operating architecture and engineering firm in the country, SmithGroup has been a part of many changes in the world of design, so they are uniquely positioned to anticipate what the future decade will bring. In addition to these anticipated impacts on the design of health care environments, the firm has outlined future trends driven by climate, cities, technology and social change. More information on those topics can be found at https://www.smithgroup.com/the-decade-ahead-design-in-2020-and-beyond SmithGroup (www.smithgroup.com) is one of the world’s preeminent integrated design firms. Working across a network of 15 offices in the U.S. and China, a team of 1,300 experts is committed to excellence in strategy, design, and delivery. The scale of the firm’s thinking and organization produces partnerships with forward-looking clients that maximize opportunities, minimize risk and solve their most complex problems. SmithGroup creates exceptional design solutions for healthcare, science and technology organizations, higher education and cultural institutions, urban environments, diverse workplaces, mixed-use and waterfront developments, and parks and open spaces.
Attachments
Christa Montgomery
SmithGroup
202.974.0798
[email protected]
Artificial Intelligence
Asia Mobiliti Applauded by Frost & Sullivan for Powering Intelligent Urban Mobility and Offering Customer Value with Its MaaS Solutions
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Asia Mobiliti’s efficient, sustainable, and interconnected mobility solutions improve user experience, reduce congestion and environmental impact, and reshape urban spaces.
SAN ANTONIO, June 26, 2024 /PRNewswire/ — Frost & Sullivan recently researched the mobility-as-a-service (MaaS) industry and, based on its analysis, recognizes Asia Mobiliti with the 2024 Asia-Pacific (APAC) Customer Value Leadership Award. As a pioneering start-up, the company has dedicated itself to reshaping urban mobility by actively developing innovative data products. It specializes in designing, engineering, and operating a cutting-edge data platform aimed at powering intelligent urban mobility. The platform seamlessly connects fleet operators, transport providers, transit authorities, and end users through a data-driven approach. The company’s comprehensive suite of products and services include:
Internet of Things (IoT) and Machine Learning powered digital city solutionsMaaS technologiesDemand-Responsive Transit systemsMobility data servicesAsia Mobiliti’s unique mobility platform integrates IoT and telematics with journey planning, enabling it to lead transport digitalization. The company catalyzes innovative data-driven and artificial intelligence solutions for the transit and mobility ecosystem, facilitating the widespread adoption of MaaS across emerging markets. Asia Mobiliti is at the forefront of revolutionizing intelligent urban mobility, offering diverse products and services. The company’s connected vehicle systems provide real-time tracking and monitoring capabilities for vehicles and fleets. These systems have analytics tools that optimize routes, enhance fuel efficiency, and improve fleet performance. Asia Mobiliti places a significant emphasis on mobility data services, utilizing the power of data to offer valuable insights for informed decision-making processes. Over the long term, it envisions reducing congestion, reducing environmental impact, and reshaping urban spaces while replacing spaces traditionally reserved for parking and traffic with more sustainable, natural living spaces.
Ming Lih Chan, industry principal for Frost & Sullivan’s mobility practice, observed, “Asia Mobiliti disrupts the traditional transportation system model and promotes the development of public travel needs. Its MaaS integrates multiple transportation modes and combines private and public modes of transport with demand-responsive services, which sustainably meets the different needs of the public.”
Asia Mobiliti’s Trek Rides and Trek App solutions represent a paradigm shift in urban mobility. Trek Rides, an on-demand transit service, efficiently fills the first-mile/last-mile gaps by merging the convenience of ride-hailing with the dedicated supply of public transport. This reduces traffic congestion, lowers travel costs, and facilitates the shift towards net-zero emission goals. Trek’s MaaS engine employs advanced algorithms for comprehensive multimodal journey planning, ensuring the seamless integration of various transportation modes. Additionally, Trek API facilitates integration with 3rd-party systems and super apps. Asia Mobiliti’s unique selling proposition lies in its compelling price/performance value within the highly competitive mobility services landscape, granting it a distinctive competitive edge in effectively addressing a broad spectrum of client needs.
“Asia Mobiliti underlines its supremacy in the MaaS sector through its strategic commitment to collaboration and customization. The company is a pivotal partner for governments, transit authorities, and large clients, offering a user-friendly platform backed by cutting-edge technology. Asia Mobiliti earns recognition as the best-in-class provider in the dynamic MaaS landscape for its operational efficiency, consistent revenue growth, and forward-looking expansion strategy,” added Norazah Bachok, best practices research analyst at Frost & Sullivan. As a cost-effective and innovative market player, the company solidifies its position by delivering exceptional client value.
Each year, Frost & Sullivan presents this award to the company that has demonstrated excellence in implementing strategies that proactively create value for customers with a focus on improving the return on the investment that customers make in its services or products. The award recognizes the company’s unique focus on augmenting the value that its customers receive, beyond simply good customer service, leading to improved customer retention and customer base expansion.
Frost & Sullivan Best Practices awards recognize companies in various regional and global markets for demonstrating outstanding achievement and superior performance in leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the industry.
About Frost & Sullivan
For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion. Contact us: Start the discussion.
Contact:
Tarini SinghP: +91 9953764546E: [email protected]
About Asia MobilitiFounded in 2018 and based in Kuala Lumpur, Malaysia, Asia Mobiliti is an award-winning, Malaysia Digital status company providing a Mobility-as-a-Service (MaaS) platform and digital city solutions designed and engineered for the developing world. We adopt a technology platform approach with a core software-defined engine that is capable of spawning innovative mobility solutions that encompass Internet of Things (IoT)-enabled advanced telematics, machine learning-based mobility-as-a-service technology, as well as a wide variety of transit technologies, such as demand-responsive transit, transport service analytics, condition monitoring for rail and road and account-based ticketing and payments.
For more information, visit asiamobiliti.com or email [email protected]
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Artificial Intelligence
More than 150,000 money laundering accounts detected in APAC
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Region sees 108% increase in voice scams as fraudsters continue shift to mobile
MELBOURNE, Australia and MUMBAI, India, June 25, 2024 /PRNewswire/ — A new financial crime report out today details how criminal organizations in the APAC region now outsource the laundering of money stolen via scams to international syndicates specializing in this cleaning. BioCatch identified and helped APAC banks shut down more than 150,000 money mule accounts in 2023 and estimates exponentially more such accounts in use across the region.
“Where there are scams, there are mules,” BioCatch Director of Global Fraud Intelligence Tom Peacock said. “Criminal organizations use these mule accounts as intermediate stops between the victim’s bank account and the final account from which they plan to withdraw their stolen money. The mules we’ve identified almost certainly represent a tiny fraction of those actively laundering money in the region, with more cropping up every day. Financial institutions in APAC and around the world must do more to identify these mules, hamper their ability to open new accounts, and identify those legitimate accounts money launderers succeed in turning from good to bad.”
In this latest edition of its Digital Banking Fraud Trends in APAC report, BioCatch – which identifies and prevents fraud and financial crime in real time by analyzing as many as 3,000 different physical behavior patterns (mouse movements and typing speed, for example) and cognitive signals (hesitation, segmented typing, etc.) in search of anomalies – points to mobile malware as the greatest threat to banks in Southeast Asia in 2024.
“Whether through SMS-mining or illegal loan apps, we’ve seen an explosion in Android-based malware in the region,” Peacock said. “Malware developers continue to innovate, circumventing bank and Google Play Store defenses to harvest what they need from mobile devices to access digital banking accounts and then transfer away the victim’s funds to a money mule.”
There is reason for hope in fighting fraud in APAC, however. In Australia, the number of reported scam cases grew by 13% in 2023, but scam losses declined by $90 million.
“Nine out of the 10 largest Australian banks employ BioCatch solutions to protect their customers from fraud and financial crime by analyzing the behavior of the user behind every online banking session,” BioCatch APAC Vice President Richard Booth said. “Already in 2024, we see massive progress: Money lost to fraud in the country declined by 48% in the first quarter of this year compared to Q1 of 2023. It’s difficult to reach any conclusion other than that BioCatch has left Australian digital-banking customers far safer from fraud than they were before.”
Other key findings:
No desktop or laptop needed: BioCatch found as much as 70% of all reported frauds in APAC originated from mobile apps in 2023, an increase of 17% from the year before.Scams are everywhere: Across the region, the number of reported voice scams increased by 108% in 2023.Australia bucking all trends: In addition to seeing fraud losses actually decline, the nation also saw fewer fraud cases involving malware or Remote Administration Tools (RATs) in 2023 than it did in 2022.Click here to access BioCatch’s complete 2024 Digital Banking Fraud Trends in APAC report.
About BioCatch:BioCatch stands at the forefront of digital fraud detection, pioneering behavioral biometric intelligence grounded in advanced cognitive science and machine learning. BioCatch analyzes thousands of user interactions to support a digital banking environment where identity, trust, and ease coexist. Today, more than 30 of the world’s largest 100 banks and 196 total financial institutions rely on BioCatch Connect™ to combat fraud, facilitate digital transformation, and grow customer relationships. BioCatch’s Client Innovation Board – an industry-led initiative featuring American Express, Barclays, Citi Ventures, HSBC, and National Australia Bank – collaborates to pioneer creative and innovative ways to leverage customer relationships for fraud prevention. With more than a decade of data analysis, 92 registered patents, and unmatched expertise, BioCatch continues to lead innovation to address future challenges. For more information, please visit www.biocatch.com.
Media contact:Jay [email protected]
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Artificial Intelligence
Puyi Fund, Managed by Highest Performances Holdings Inc., Surpasses RMB 24.0 Billion in Assets under Advice, Showing Promising Start to Strategic Transformation
![puyi-fund,-managed-by-highest-performances-holdings-inc,-surpasses-rmb-24.0-billion-in-assets-under-advice,-showing-promising-start-to-strategic-transformation](https://roboticulized.com/wp-content/uploads/2024/06/150628-puyi-fund-managed-by-highest-performances-holdings-inc-surpasses-rmb-24-0-billion-in-assets-under-advice-showing-promising-start-to-strategic-transformation.png)
GUANGZHOU, China, June 25, 2024 /PRNewswire/ — Highest Performances Holdings Inc. (“HPH” or the Group, NASDAQ: HPH), announces that its Puyi Fund’s assets under advice for its asset allocation services reached RMB 24.7 billion as of June 21, 2024, reflecting a remarkable year-on-year growth of 188%. This substantial increase in scale showcases significant growth for the fund.
This accomplishment is primarily attributed to the Puyi Fund’s service philosophy, “long-term commitment to clients and clients’ long-term benefits,” introduced in 2023, as well as the ongoing efforts of the Company in adjusting its product strategy and embracing digital transformation. On one hand, the Company implemented a comprehensive family wealth management account system, redirecting its flagship products towards fixed-income funds and fund portfolios to enhance clients’ perception of wealth acquisition. On the other hand, the Company has elevated its overall service standard through digital transformation, greatly improving the client’s investment experience.
Transforming Product Strategy to Maximize Client Returns
In relation to product strategy transformation, Puyi Fund offers investors a comprehensive solution for managing their family wealth through a scientific approach. This solution guides investors in allocating their investment assets across three types of accounts: Flexible Withdrawal Accounts, Stable Appreciation Accounts, and High-Yield Pursuit Accounts. By considering various market conditions and cycles, investors can make informed decisions on how to distribute their funds among these accounts through a scientific approach for achieving risk mitigation, consistent asset growth, and long-term sustainable investment returns.
Taking into account the prevailing market conditions in China, Puyi Fund advises investors to allocate 25% to 90% of their funds to Stable Appreciation Accounts, depending on their risk tolerance. These accounts primarily involve investing in fixed-income funds, providing investors with consistent and reliable expected returns. By employing the stable appreciation strategy, Puyi Fund aims to restore investors’ confidence in the market, leading to increased trust and recognition. Consequently, Puyi Fund has experienced a period of rapid growth and positive development.
An analysis of data from the Chinese mutual fund market highlights the alignment of Puyi Fund’s client-centric product strategy transformation with market demands. According to Wind data, the market value of the Chinese mutual fund market stood at RMB 25.45 trillion at the end of 2021. By the end of May 2024, this amount grew to RMB 29.09 trillion, representing an increase of RMB 3.64 trillion or 14.30%. The value of equity and hybrid funds, however, experienced a decline from RMB 8.54 trillion to RMB 6.34 trillion, marking a decrease of RMB 2.21 trillion. In contrast, bond funds and money market funds collectively witnessed a significant increase of RMB 5.69 trillion. These market trends suggest that Chinese fund investors are shifting their risk preferences towards lower-risk and higher-certainty assets. Puyi Fund’s strategic transformation is well-positioned to take advantage of this evolving trend.
Enhancing Digital Service Innovation with a Focus on Client Service
In its digital transformation efforts, Puyi Fund places a strong emphasis on “client-centricity” and “service excellence”. By harnessing the power of big data, algorithm mining, and the Sensor Intelligent System, Puyi Fund establishes personalized service scenarios tailored to the unique needs of thousands of individuals. Through meticulous operations that cover the full client lifecycle, Puyi Fund offers full-scope online transactions for both public and private fund clients, establishing a distinctive digital competitive advantage. As of June 2024, the year-to-date client retention rate for fund advisory services stands at 75%, significantly enhancing the likelihood of investment profitability and returns for clients. This success enables clients to truly appreciate the value of advisory services and the time invested in their investments.
Furthermore, Puyi Fund has made continuous advancements in its intelligent client service system, leveraging digital platforms to offer investors comprehensive and efficient services. As of June 2024, the intelligent client service has catered to the needs of approximately 250,000 investors, providing 7*24 services, with a problem resolution rate surpassing 90%. Moreover, Puyi Fund complements intelligent client service with human support, resulting in a client satisfaction rate of 99%. This approach guarantees that investors receive timely and effective assistance whenever required.
Optimizing Trust-Based Communication Channels with Clients
Puyi Fund’s capability to swiftly establish client trust is attributable to its distinctive offline service channels. Unlike other third-party fund sales institutions that heavily rely on online platforms, Puyi Fund provides face-to-face, one-on-one services through offline channels. This approach is especially valuable in navigating complex investment environments, effectively calming investor emotions, enabling them to stay composed and gain a proper understanding of products, ultimately making well-informed investment decisions. Since 2024, Puyi Fund’s research and advisory team has released 28 specialized research reports and organized 19 online client exchanges, along with 35 offline client events, in response to market dynamics and client needs. These initiatives have effectively addressed investors’ concerns and enhanced their confidence.
It is worth mentioning that Puyi Fund’s institutional business has experienced remarkable growth this year, particularly in attracting clients from prominent financial institutions including banks, wealth management subsidiaries, and insurance companies. To cater specifically to institutional investors, Puyi Fund has developed an intelligent over-the-counter fund trading system called “Web-based Institution Master system”. This system provides institutional investors with a wide range of product portfolios, a comprehensive investment research system, and personalized trading experiences. As a result, it comprehensively improves the service quality and efficiency for institutional clients.
As of June 21, Puyi Fund established partnerships with 117 mutual fund companies, including the top 20 fund managers in terms of size, providing access to nearly 11,000 public funds and implementing over 20 customized advisory strategies. In the private fund sector, Puyi Fund has selected over 30 fund managers from the entire market. Of these, 38% manage assets over RMB 10 billion, while 29% manage assets between RMB 5 billion and RMB 10 billion. This selection covers a wide range of mainstream strategy products in the market, catering to the allocation needs of various types of investors.
It is reported that Puyi Fund, an independent third-party fund sales institution holding a fund sales business license issued by the China Securities Regulatory Commission, operates as a subsidiary of Highest Performances Holdings Inc. (NASDAQ: HPH). Embracing the concept of buyer advisor, Puyi Fund is dedicated to delivering comprehensive family financial asset allocation services to individual investors and diversified financial services to institutional investors through its financial technology service platform. With exceptional resource integration capabilities, professional research expertise, and high-quality client service, Puyi Fund strives to cultivate long-term partnerships with clients, catering to their personalized asset allocation needs in various scenarios while assisting a broader range of investors in achieving sustainable long-term returns. As of December 31, 2023, the accumulated assets under Puyi Fund’s allocation advisory services surpassed RMB 75.1 billion, exhibiting a compound annual growth rate of 128.8% from 2015 to 2023.
About Highest Performances Holdings Inc. (NASDAQ: HPH)
HPH was founded in 2010 with the aim of becoming a top provider of smart home and enterprise services. Its mission is to improve the quality of life for families worldwide, focusing on two main driving forces: “technological intelligence” and “capital investments.”HPH has a global strategic perspective and identifies high-quality enterprises with global potential for investment and operations. Its areas of focus include asset allocation, education and study tours, cultural tours, sports events, healthcare and elderly care and family governance.
HPH currently holds controlling interests in two leading financial service providers in China, namely Fanhua Inc., a technology-driven platform, and Fanhua Puyi Fund Distribution Co., Ltd., an independent wealth management service provider.
Highest Performances Holdings Inc., formerly known as Puyi Inc., was renamed on March 13, 2024 to reflect its strategic transformation.
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