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Noah: Over 80% China’s HNWIs have PE exposure

Almost 85% of China’s HNWIs have exposure to private equity funds, says Noah Holdings, China’s largest independent wealth manager, which cites investors’ optimism for the asset class to deliver long-term returns as the key driver behind this preponderance. In a recent research note, Noah points out that among those HNWIs who have added private equity funds to their portfolios, 23.7%…

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