CICC International Wealth Management wins this year’s title as Hong Kong’s best private bank for discretionary portfolio management (DPM). The firm once again demonstrated robust DPM results relative to its peers.
In 2025, the bank’s DPM platform showed a steady progress that supports this recognition. Assets under management increased from $2.11 billion at the end of 2024 to $2.18 billion in the first half of 2025.
This improvement was driven by continued development of mandate‑based allocations and greater use of alternative investments – important topics for Hong Kong clients seeking diversified exposure.
The return to positive net new money in the first half of 2025, following outflows in the previous year, reflects renewed client confidence and more effective product positioning. Performance across portfolios also contributed to this improvement.
Multi‑asset and model portfolios delivered year‑to‑date returns of 5.5% to14% as of September 2025, while discretionary portfolios kept drawdowns below 1% during the April 2025 period of market volatility, illustrating consistent risk management.
Flagship strategies continued to produce stable outcomes. The Global Alpha Fund of Hedge Funds strategy reported a 7.4% gain in the first three quarters of 2025, and bond‑focused portfolios achieved positive results in most months, with lower drawdowns than global investment‑grade benchmarks.
