As global asset allocation undergoes a profound transformation, the 2025 Greenwich Economic Forum (GEF) Hong Kong, with its global perspective and intellectual influence, once again stands at the forefront of the wealth management industry. As a GEF Global Partner, Noah ARK uniquely integrated its ARK 520 Global Growth Summit with GEF Hong Kong, bringing nearly 30 Noah ARK clients to engage directly with leading economic experts and gain cutting-edge insights. The forum featured an impressive lineup, including representatives from top-tier institutions such as HSBC, PGIM, BNP Paribas, and Mercer, alongside senior economists and executives from prominent listed companies.
Known as Dr. Doom for his predictions of the 2008 U.S. subprime crisis and the ensuing global financial meltdown, Nouriel Roubini attended the event in person and delivered profound insights. Commenting on the widely debated tariff issue, Roubini observed that while the Trump administration pursued aggressive trade policies it would ultimately be the capital markets, rather than Congress, that would compel a 'cooling off' of these policies. On U.S. growth potential, Roubini highlighted that structural changes will systematically curb inflation and improve debt sustainability. The U.S. currently has a potential annual growth rate of about 2%, but advancements in artificial intelligence, biomedicine, technology, and quantum computing could elevate this to 4% by 2030.
This was a thought-provoking dialogue deeply rooted in Eastern perspectives with a global outlook. As a preferred wealth management platform for the global Chinese community, Zander Yin, CEO of Noah Holdings, and Grant Pan, CFO of Noah Holdings and CEO of ARK Wealth attended the forum, sharing insights on “Strategic Asset Allocation in the Era of Tariff Wars.” Their discussions explored emerging multipolar trends, evolving investment sentiments, risk-hedging strategies, and the transformative role of AI in reshaping the logic of wealth management, amplifying the voice of global Chinese wealth management on the world stage.
For eight consecutive years, Noah ARK has partnered with clients at GEF, the epicenter of global wealth management. Our goal is not simply to gather information but to engage in dialogue with world-class thinkers, continually refining our perspectives and pioneering new approaches to wealth management for the global Chinese community.
Noah ARK Leads a New Cycle in Wealth Management, Building Resilience Amid Uncertainty
Zander Yin | Co-founder and CEO of Noah
“We are leading a new cycle of global structural transformation,” said Yin at GEF, sharing his deep understanding of current global trends in the context of “Wealth Management and Asset Allocation in a Tariff Environment.”
He noted that the previous world order, built on openness, connectivity, and globalization, is giving way to a new era marked by multipolar trends and the reshaping of economic and monetary frameworks. Meanwhile, an AI-driven technological revolution is profoundly transforming the financial industry, redefining the logic of wealth management. In the face of inflation risks, market volatility, and a constantly evolving external landscape, merely holding cash or staying on the sidelines is no longer a sustainable strategy.
“Many high-net-worth individuals are grappling with hesitation and anxiety," noted Yin. A recent Noah ARK closed-door summit on tariff impacts revealed that 38% of Chinese entrepreneurial clients identified market volatility as their primary concern, 25% highlighted return fluctuations, and over 80% prioritized risk mitigation as their core objective. This underscores a fundamental truth: the pursuit of financial security becomes paramount amid uncertainty.
To address these challenges, Noah ARK introduces the Strategic Asset Allocation Pyramid Model, a disciplined framework designed to build resilient, long-term wealth. The model is structured in three tiers:
Foundation Layer (Safety Net): Comprising stable assets such as fixed-income securities and trusts, this layer safeguards core wealth against market turbulence.
Middle Layer (Enterprise Assets): This includes infrastructure investments, structured products, and hedging strategies, balancing consistent returns with risk resilience.
Top Layer (Growth Opportunities): Focused on high-potential sectors like artificial intelligence, this layer demands vision and patience to capture long-term value.
In addition, Yin emphasized two key investment principles:
Maintaining Agility: Staying flexible and proactive in volatile conditions ensures portfolios remain responsive to change.
Avoiding Psychological Traps: Pessimism, fear, and excessive caution can erode long-term returns more than tactical errors.
"Wealth is more than a collection of assets—it reflects life’s wisdom," Yin concluded. True wealth management empowers clients to cultivate a prudent relationship with their wealth, navigating market cycles, withstanding volatility, and achieving sustainable growth. For over two decades, Noah has curated superior investment opportunities while fostering continuous learning, enabling clients to make informed decisions that embody wisdom beyond wealth.
From “Intuition” to “Insight”: A Leap in Global Chinese Wealth Management
As uncertainty becomes the new norm, high-net-worth individuals are quietly shifting their asset allocation strategies. Grant Pan observed that global Chinese wealth managers are transitioning from relying on keen intuition to embracing systematic, data-driven insight. Clients are responding to market volatility with greater rationality, prioritizing resilient, diversified portfolios over chasing short-term gains.
Clients are also more open to professional guidance. Nearly 70% of Noah ARK’s clients are accomplished business leaders with strong confidence in their investment judgment. Yet, as markets evolve rapidly, they recognize that intuition alone is insufficient. They seek robust research, data-driven insights, and professional expertise to inform their decisions.
Grant Pan | Noah Holdings CFO, ARK Hong Kong CEO
“Our role is not to make decisions for clients but to provide clear frameworks and trusted partnership,” Pan said. Each quarter, Noah ARK hosts exclusive closed-door sessions and thought-leadership forums, bringing together clients and top professionals. These gatherings aim not to deliver prescriptive solutions but to illuminate the underlying logic of dynamic markets, fostering a forward-looking wealth management mindset. Complementing these efforts, Noah ARK’s ongoing CIO reports provide timely insights, guiding the evolving perspectives of global Chinese wealth managers.
On the topic of cross-regional allocation, Pan highlighted a growing trend: clients are increasingly leveraging trusts and structured products to deploy capital globally while maintaining flexibility across Asian markets. Physical assets, such as real estate and commodities, are also gaining prominence as hedges against inflation, ensuring steady appreciation. "Valuable assets worth owning deserve patience—their value will shine in time," Pan remarked, encapsulating the essence of prudent investing: embracing long-termism and exercising disciplined judgment amid volatility.
As a leader in global wealth transformation, Noah ARK serves as a bridge, connecting clients to premier platforms and resources. As Noah Holdings’ international brand, ARK integrates global research capabilities with professional service systems, positioning itself as a pivotal force in exploring cutting-edge trends and delivering long-term value for the global Chinese community.
Looking ahead, Noah ARK is committed to deepening its global perspective, enhancing resource integration, and forging strategic partnerships with world-class institutions. By delivering forward-thinking, resilient, and sustainable wealth management solutions, Noah ARK aims to empower its over 400,000 global Chinese clients to shape the future of wealth management.
