Janus Henderson adds; Noah is getting tech; HSBC loses; Vintage wines and investments; An ETF for every occasion; Italian volatility; advertising from AB and much more.
Tag: Noah Holdings
Noah aims to be China’s global private bank
Developing a global family office unit and offering discretionary mandates are part of the firm’s strategy to become a global Chinese wealth manager, according to William Ma, co-chief investment officer in Hong Kong.
China’s Noah grows asset management AUM 37%
NYSE-listed Noah Holdings reported growth in both asset and wealth management revenues in the second quarter of 2017, compared to the same period in 2016.
Report: Dynamic Chinese wealth managers thrive under lax regs
Standalone wealth managers are growing fast and actively expanding overseas, but also facing increasing scrutiny over previously loose regulations, according to a Chinese think tank.
China’s Jupai reports earnings growth, new US office plans
Jupai and Noah, the two US-listed Chinese independent wealth managers, reported net profit gain over 35% and 20% respectively.
The costs of managing wealth in China
China’s private banking industry is struggling with growing pains, according to speakers at Monday’s Hong Kong Finance Forum.
Noah shuffles senior execs
The Shanghai-based wealth management firm has appointed Ching Tao, the firm’s CFO, as chief executive officer of Noah’s first US subsidiary, which is located in Menlo Park, CA.
China’s WM due for `cleansing’, says Noah WM
The ongoing regulatory crackdown on China’s wealth managers impacts on Noah, but Kenny Lam, group president of Noah Holdings, believes it is a positive in the long term.
China’s Noah sets up Jersey managed trust
The Shanghai-based independent wealth manager set up a trust with provider JTC to address the increasing succession planning needs of its mainland HNW clients.
More mainland HNWIs looking offshore
Yuan depreciation concerns are driving HNWIs to seek offshore diversification, particularly with liquid and low volatility strategies, said William Ma, Noah Holdings Hong Kong co-CIO.
