PRC: Experiencing a Severe Crisis
The large but young #trust company industry in People’s Republic of China (PRC) is experiencing a severe crisis, comparable in some ways to the calamity that rocked American trust companies over a century ago in the Bank Panic of 1907. The very good news for clients of American trust companies such as Sunstone Trust Company is that the United States has had 114 years since its crisis to overhaul trust company law and #regulation and to put the trust company industry on safe and sound footing.
Sunstone Trust Company is developing and will offer “common trust funds” pursuant to long-established rules and regulations related to such funds. Sunstone’s Chief Fund Strategist, John Shen, has an exemplary track record in overseeing investment funds at Sunstone Management. Those Fixed Income Funds have never failed to pay interest as promised and to return principal to investors. Of course, past performance is no guarantee of future returns but Sunstone’s common trust funds are in experienced hands.
Prudent fund management and Sunstone Trust Company’s commitment to full and #honest disclosure to its clients about the risks of its funds, ensure that our clients make well-informed investment decisions. We encourage all clients and prospective clients to ask us questions, to carefully review disclosure materials, and to make an informed decision that you feel good about. We cannot guarantee that any investment you make will succeed. However, we do promise that we will comply with our capital requirements and the many laws that are designed to ensure we are #safe, sound and here for the long term.