ARK Group, Noah Holdings' global wealth management platform for Chinese investors, officially opened its new overseas headquarters in Singapore. This expansion triples the firm's existing physical footprint in the city-state, marking a significant step in its global expansion initiative. The new state-of-the-art facility is located at 333 North Bridge Road, Odeon.
The relocation of the headquarters to Singapore is expected to provide ARK Group with substantial opportunities within one of the fastest-growing locations for Chinese personal assets abroad. Chairwoman Jingbo Wang stated that Singapore's dynamic wealth management ecosystem and robust regulatory environment offer an unparalleled platform for international growth. ARK Group has maintained a presence in Singapore for six years under the name Noah Singapore.
ARK Group is making significant investments in talent acquisition to expand its team and enhance its client-centric services. CEO Zander Yin emphasized that this investment expands a crucial gateway for clients, enabling seamless wealth management solutions across the global Chinese corridor. The firm's Hong Kong office will continue to serve as a critical regional hub, ensuring continuity for client services.
The firm's established presence in Singapore is supported by key regulatory licenses from the Monetary Authority of Singapore, including the Capital Markets Services Licence, Financial Adviser's Licence (Exemption), and Trust Services Licence. This regulatory compliance provides a solid foundation for its operations and growth in the region.
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