Zhongzhou newspaper: It is expected that the cooperation between banks and trust companies will be tightly restricted, and outsourcing may face changes.

In recent years, outsourcing cooperation between banks' wealth management and trust has become an important business model in the asset management industry. With restrictions on bond investments and account openings, wealth management companies still rely significantly on trust channels. This close cooperation has not only achieved a group of trillion-yuan trust companies, but also hidden valuation adjustments, income transfers, and other operations. Recently, the "Asset Management Trust Management Measures" were issued, which included requirements on investor concentration, sparking in-depth discussions in the market on the future direction of bank-trust cooperation. Industry insiders generally believe that in the long term, it is an inevitable trend for trust companies to expand standardized trust and portfolio investment products. Wealth management companies should accelerate the enhancement of their research and investment capabilities, and both parties should explore new cooperation opportunities within the regulatory framework.