Noah Holdings, a wealth management services provider for HNWIs and enterprises in China, has partnered with McKinley Capital Management and Wharton School professor Raphael Amit to build global family office solutions.
Noah said that this cooperation will help it in building a family office solution with global asset allocation capabilities.
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Noah Holdings, which started offering family office services earlier this year, said that the deal is part of its key initiatives to expand its global service platform.
Noah co-founder, chairman and CEO Jingbo Wang said: "We aim to serve the wealth management needs of Chinese clients globally. This cooperation is a natural next step for us in building our global capabilities."
Noah group president Kenny Lam said: "This cooperation is one of several core initiatives we are taking this year. We are rapidly taking steps to ensure we have the best investment solutions around the world for our family office clients."
Amit is the co-founder and chairman of the Wharton Global Family Alliance, which manages family issues such as governance, wealth management and philanthropy.
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