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China managers “too concentrated” on key themes and investment styles: William Ma of Noah Holdings

Wealth manager Noah has started looking beyond the traditional long-only China managers, as fund managers in China equities and bonds tend to be “too concentrated” on key themes and investment styles. From a top-down perspective, the “new China economy sector” — such as new energy, 5G, and consumption stories — have remained a top pick for quite a few private…

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