Blockchain
Newman Jiang Expands Its Retail Client Business in Chongqing
Chongqing, China–(Newsfile Corp. – November 7, 2022) – Newman Jiang has announced that it will expand its retail client operations in Chongqing. The global wealth management firm is expanding its offering to take on more retail clients, in addition to continuing to provide highly tailored services that address the needs of corporations and high-net-worth individuals and their families.
As a result, Newman Jiang now offers across-the-board corporate, institutional, and private retail client services for the first time.
The firm is using a focused marketing campaign to reach potential new clients and grow the number of private retail clients it currently has.
In its decade-long history, Newman Jiang has focused less on private retail clients and catered mainly to the needs of institutional investors and the very wealthy. As a result, multi-millionaires and funds, such as pensions, have enjoyed the rewards of outperformance in the markets and committed an ever-larger share of their assets to the firm.
CEO Martin Newman, who founded Newman Jiang in 2012, said: “Expanding our business further into the private retail market is another significant step in our ambitious growth strategy. Despite the general uncertainty in financial markets, retail investors have been clamoring for access to the same opportunities and the chance to benefit from the same above-average returns enjoyed by corporate and institutional investors over the past decade.”
To house the expansion of services, Newman Jiang has also announced a 10-year lease extension and increased its footprint in the HNA Poly Plaza offices in Chongqing.
“This lease extension and expansion for Newman Jiang was a strategic choice for our business as we continue to grow in both the Asian and global markets,” said Martin Newman. “Our new office space is undergoing modernization upgrades and renovations that will continue to make the location a top choice for our business and will help us add to and improve how we serve the needs of our clients for many years to come.”
“This lease extension is a direct result of our current success and a strong demonstration of our commitment to Chongqing, and South East Asia, which is a perfect geographical location to serve clients in all parts of the world,” Mr. Newman added. “Chongqing is increasingly becoming a destination of choice for financial services companies, so we wanted to ensure our offices represent our culture and belief in the city.”
With a renewed focus on increasing private retail clients, Newman Jiang will be adding to its staff numbers under the experienced management of Richard Cross, Head of Private Clients.
“The hiring process will take place over an extended period,” said Mr. Cross, “due to the low number of personal clients we individually look after, we already have the capacity to take on new retail clients without affecting the quality of service we provide to our existing clients. Over time, we will bring new team members on board, but we prefer to assimilate them slowly rather than adding a large number at once, which could upset our company culture and the excellent working environment we have developed over many years.”
Newman Jiang prides itself on the diversity of its workforce, with staff originating from all continents, in addition to local Chinese employees. “This is an exciting time for Newman Jiang,” added Mr. Cross, “and we look forward to assisting many more private retail clients.”
Newman Jiang has operated out of Chongqing since the company was founded by Martin Newman and company president Ken Jiang in early 2012, believing that developing closer relationships with fewer clients should be the priority.
For more detailed information about Newman Jiang and the expanding range of services they offer to clients worldwide, please visit https://www.njinc.com/. Contact information can also be found at https://www.njinc.com/contact-us.
Media Contact:
Grace Song- Head of Marketing
[email protected]
https://www.njinc.com/
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/143273
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Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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