Steady Fund Flows Bolster Hong Kong's Position as Asset and Wealth Hub, Notes SFC Report
Friday, 12 July 2024, 09:30
Highlights:
- Steady Fund Inflows: Hong Kong records net inflows in the asset and wealth management sector.
- Diversified Investor Base: Global appeal with a wide range of investors contributing to market growth.
- Robust Asset Allocation: Strategically diversified investment options driving Hong Kong's status as a hub.
An annual survey conducted by the Securities and Futures Commission (SFC) reveals that Hong Kong is consolidating its position as a prominent asset and wealth management center. The city's appeal is fueled by a surge in assets under management, a diverse investor landscape, globalized asset allocation strategies, and substantial fund inflows. Hong Kong-domiciled funds, authorized by the SFC, experienced notable net inflows in the first quarter of 2024, underlining the region's attractiveness as a financial hub.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.