Hong Kong Archives - Page 34 of 46

SFC proposes factoring climate risks in investment

Hong Kong’s financial regulator has set out steps for fund managers to include measurable climate-related disclosures.

The firm manages the most number of L&I products in the SAR.

The firm manages at least 18 FMPs in the SAR.

Following pressures from Hong Kong officials that the manager can be changed to safeguard the interests of investors.

The acquisition will include clients and relationship management teams.

In total, the firm manages seven SFC-authorised funds in Hong Kong.

In total, there are 34 funds for sale on the platform, including 25 HK dollar-denominated funds and nine US dollar-denominated funds.

This includes the bank’s asset and wealth management businesses.

The bank is targeting investors in Hong Kong with HK$8m.

But only a few have fully integrated ESG-related risks into their enterprise risk management systems.