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Noah boosts discretionary capabilities as more Chinese clients eye MFO setup

Noah Holdings

Noah, China’s largest independent wealth manager, is boosting its discretionary portfolio management (DPM) capabilities after an 18-month run, during which the firm gathered some US$1 billion in DPM assets and increased its discretionary client list to over 100 families in China. “We are happy with the start, but we have been doing this for just 18 months so we have…

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