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Noah’s international push gathers momentum as offshore AUM rises 23% YoY

Shanghai-based wealth manager Noah Holdings reported today that its offshore assets under management (AUM) rose 23% YoY to reach RMB 18.2 billion at the end of June. Group president Kenny Lam said in a conference call that Noah will prioritise the expansion of its offshore distribution channels throughout 2017, as part of its efforts to become the “provider of choice…

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