Strategy
Chinese Wealth Manager Opens First Office Down Under
The firm, which targets high net worth individuals, has branched out in a bid to tap wealthy clients situated in Australia.
China’s Noah Holdings has opened its first office in Australia, as the wealth manager looks to satisfy increasing demand for asset allocation overseas.
The firm has appointed Grace Tsui as head of the new business, according to the Australian Financial Review.
Noah Holdings plans to invest as much as $2 billion in Australian private equity deals over the next four years.
