Standard Life Investments in talks with China P2P firms

Traditional fund distributors in Asia may dismiss concerns that financial technology will take business away from them, but asset managers are clearly eyeing the potential of new electronic channels, particularly in China. Mainland peer-to-peer lenders have been setting up online wealth management platforms, and Standard Life Investments is in early discussions with some of them, said Virginia Devereux Wong, head of Asia wholesale business at the UK firm. She declined to name the …