The city’s assets under management (AUM) in asset and wealth management only reported a 2% year-over-year increase for 2021, official figures show.
Category: Hong Kong
abrdn creates sharper sustainability focus for three funds
The equities funds are due to be aligned with Article 8 of the EU’s Sustainable Finance Disclosure Regulation (SFDR) on 1 August.
Hong Kong regulatory boss to become new FCA chair
Ashley Adler spent decades at top City law firm much like his predecessor Charles Randell.
JP Morgan debuts first thematic sustainable fund in Hong Kong
The US fund house has partnered with Bank of China (Hong Kong) (BOCHK) to launch the JPMorgan Sustainable Infrastructure Fund.
Greater Bay Area attracts climate transition index
The S&P BOCHK China Hong Kong Greater Bay Area Net Zero 2050 Climate Transition Index aligns companies in the area with the 2050 sustainability goals.
Financial services group buys Hong Kong wealth manager
Acquirer’s goal ‘is to make a positive impact on society’.
Hong Kong virtual bank launches digital wealth manager
WeLab Bank becomes the first virtual bank in Asia to launch a digital wealth advisory service
Hong Kong and China to launch Swap Connect
Authorities in both jurisdictions announce that the latest trading agreement is set to start in six months’ time.
Hong Kong’s ETF connect set to launch
Investors in both Hong Kong and mainland China can trade eligible funds starting on July 4.
