The Chinese wealth and asset manager's group president believes wealthy Chinese investors should look at ETFs as a way to diversify their portfolios globally.
Tag : noah
More sanctions related to investment product sales are expected after the Hong Kong unit of Chinese wealth manager Noah was fined last week. Fund houses should be concerned too.
The newly established Hong Kong hedge fund firm expects to receive regulatory approval by September and plans to add two more executives to help run the China-centric strategy.
The Chinese wealth manager plans to grow its staff by 50% next year and may expand to the UK and US in future. It is also seeking insurance partners, but will cut the number of fund firms it works with.
Mainland individuals are looking to boost their offshore exposure, but their return expectations – while lower than in the past – remain stubbornly high, an AsianInvestor forum heard.
The Chinese wealth manager has hired its first chief investment officer for Hong Kong.
