Noah Holdings creates CIO role

Chinese wealth manager Noah Holdings has appointed William Ma, formerly of Gottex Penjing Asset Management, as its first chief investment officer in Hong Kong, AsianInvestor has learned. He started in the role on Monday (November 2) and will oversee the $2 billion in overseas investments under Gopher, Noah’s asset management arm, which runs a total $10.4 billion, mostly in funds of funds. Ma was previously CIO at Gottex Penjing, the Asian arm of Gottex Fund Management, a Swiss a…