Noah’s wealth management unit increases distribution of financial products by 31.7% YoY in 1Q17

16 May 2017 | 2 minutes read

Noah Holdings’ wealth management unit increased its distribution of financial products by 31.7% YoY to CNY32.7 billion (US$4.8 billion) in the first quarter, driven in no small part by the resilient demand for alternative investments. According to Noah’s Q1 result, private equity and venture capital (PE/VC) were among the major drivers of wealth management client investment flows, with distribution of…

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