The rolling out of cross-border schemes and the opening up of its asset management industry have enabled overseas money managers to tap into the China market, says Cerulli.
Category: Industry trends
Wealth Management Connect kicks off
The much-awaited implementation details of the cross-boundary Wealth Management Connect (WMC) Pilot Scheme in the Guangdong- Hong Kong- Macao Greater Bay Area have been announced.
HK regulator supports digital access for retail investors
Online wealth management platforms have made investment easier for individuals, with positive initiatives such as personalisation to come, according to Hong Kong’s chief fintech regulator.
Drive for flexible working pushes junior bankers towards fund management
Stressed-out junior bankers want a better work/life balance.
Affluent clients prefer alternative providers
Only 27% of wealthy in Apac prefer to use traditional banks to manage investments.
LPFs gain traction in Hong Kong
The launch of the Limited Partnership Fund (LPF) regime will cement Hong Kong’s position as an asset management hub, according to the Hong Kong LPF Association.
Manulife sees sustainable investment opportunities in EM
Emerging markets (EMs) are underinvested despite being the leading energy consumers, said the asset manager.
Flows into ESG funds in Apac decelerate
Sustainable funds in Asia saw smaller net inflows in the second quarter, compared with the previous quarter, according to Morningstar.
Investors eye sustainable tech trend
As thematics gain greater traction in portfolios, emerging tech and sustainability are key preferences among Asia Pacific investors, according to Broadridge research.
Hong Kong aims to be a family office hub
The potential of the Greater Bay Area and Hong Kong’s traditional role as a financial centre should spur the development of family offices, according to Family Office Association Hong Kong.
