In 2018, China’s NYSE-listed wealth manager Jupai plans to invest less in fixed income products and more in private equity and preferred shares.
Tag: Chinese HNWI
China’s Noah reports 2017 net income up 20%
The NYSE-listed Chinese asset and wealth manager reported a strong 2017 and said that investible assets in China far outstrip the size of the mainland’s asset management industry.
China’s Noah opens WM office in Canada
Shanghai-based Noah Wealth Management has established a branch in Vancouver, Canada, to target the overseas Chinese investor base.
BCG: Chinese HNWIs assets to double by 2021
The investable assets among high net worth individuals (HNWIs) in China are expected to double to RMB 111trn ($16trn) in 2021, from RMB 54trn last year, according to a report from The Boston Consulting Group and Industrial Bank.
Chinese HNWIs pour money into PE real estate
Hong Kong-headquartered real estate private equity firm Gaw Capital Partners has raised $1.3bn in the final closing of its fifth Greater China and Asia-Pacific real estate fund.
Study: Chinese investors prefer high-risk products
Chinese investors are taking a more risk-on stance, preferring higher-risk products, according to a research report by Boston-based Cerulli Associates.
Jupai: Chinese HNWIs still prefer real estate
Offshore real estate is attractive to mainland clients as they diversify their portfolios away from RMB investments, according to Zhou Cheng, general manager of Jupai Hong Kong.