The firm also manages seven PFM funds in China.

The firm also manages seven PFM funds in China.
Shanghai-based wealth manager Noah Holdings also saw net loss in the fourth quarter of 2020, due to the Camsing settlement.
The US passive fund specialist will concentrate on developing its investment advisory business.
The firm has appointed two China co-heads to lead its retail and institutional businesses in the mainland.
Funds managed by China AMC and E Fund in Hong Kong are also expected to be launched in the mainland via the MRF.
Portfolio manager William Yuen has also trimmed down positions in “new economy” stocks.
Hong Kong-domiciled ETFs tracking onshore and offshore Chine indices have suffered year-to-date outflows of $400m and $200m respectively, according to Morningstar.
The ETF should provide investors exposure to the top 100 high quality listed Chinese companies.
Data suggest a turnaround in sentiment towards northbound funds.
Part of the Mark Allen Group.