Leading China-based asset manager Harvest Group is gearing up to expand its operations based out of Singapore, to meet growing clients’ appetite for investments outside China as part of their portfolio diversification.

“There’s plenty more room for Chinese capital to grow in markets outside China, thus we wish to expand the offshore application of our investment capabilities especially in Singapore,” says chairman Henry Zhao Xuejun.

The way he sees it, choosing Singapore as a hub of activities outside China is an easy decision to make. Due to the sound regulatory framework created by regulator the Monetary Authority of Singapore, the city-state has become a key wealth management centre.

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