After a weak 2023, Noah’s hedge fund inflows recovered to US$110 million in 2024 as investors shifted toward uncorrelated assets to reduce volatility. Momentum strengthened in 2025, with sales rising nearly fourfold to US$430 million. Carl Wong, Hong Kong chief executive officer of Olive Asset Management, Noah’s core platform for global asset allocation, expects the growth surge to carry into […]

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The international expansion of Chinese wealth manager Noah Holdings appears to be gaining momentum as its onshore business continues to suffer. Shanghai-based, Nasdaq-listed Noah reported net revenue of RMB683.7 million (US$97.4 million) in 3Q2024, a 8.8% YoY decline. This was due to a 33.0% YoY decrease in net revenues from mainland China to RMB306.8 million, which was partially offset by […]

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Chinese clients are increasingly eyeing global investment opportunities for diversification and higher returns amid volatile domestic markets. While capital controls remain a barrier to the movement of Chinese capital, lack of knowledge, language skills and trusted partners are also major hurdles for Chinese clients eyeing overseas investments, industry experts said at the APB Summit 2024 in Hong Kong. “In terms […]

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