Low correlation with Chinese equities and stable income are the two criteria mainland investors use to appraise QDLP products, according to Noah’s William Ma.
Tag: Noah Holdings
Noah: China’s HNW need to diversify offshore
The New York-listed Chinese wealth manager has also partnered with six family offices in Australia and expects to add staff in Singapore.
Noah’s clients pour into fixed income
At least 80% of the Chinese wealth manager’s sales came from fixed income products during the third quarter, according to the quarterly results report.
Creditease appoints head of overseas WM
Beijing-based Creditease has set up an overseas wealth management department, the next step in its plan to gain marketshare in overseas Chinese wealth management and eventually list in the US.
Noah sees investors turn hesitant
US-listed Noah Holdings reported double-digit net revenue growth during the first half, but noted that investors are increasingly moving to the sidelines due to market volatility.
Noah: China’s regs will lead to WM shakeout
Despite recent ‘sweeteners’ to the new asset and wealth management guidelines, the wealth management industry will likely consolidate as the new regs are adopted, according to Andrew Xia, chief research officer at NYSE-listed Chinese wealth manager Noah.
Noah eyes expansion to Singapore
US-listed Noah Holdings is exploring a Singapore wealth management office and has reported a 24% increase in overall profit for the first quarter.
SFC fines Noah HK$5m over client risk control
Wealth manager Noah Holdings was fined by Hong Kong’s regulator for failure to comply with several requirements, including KYC and due diligence matters.
In case you missed it (9 March 2018)
Noah opens Australia office; Bank of Singapore hires for Europe; OMGI outsources its China equity fund to Ping An of China; JPMAM’s head of Asia fixed income leaves; EIP names head of Asia investment; HSBC Global AM launches Asia fixed income fund in Singapore; ESG initiatives from Franklin Templeton, Robeco and Eastspring; T Rowe Price and Capital Group win Morningstar “best fund house” awards; and more…
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.
