Portfolio diversification benefits and better financial returns are driving allocations to sustainable assets, supported by a raft of regulatory initiatives, according to two separate reports.
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Portfolio diversification benefits and better financial returns are driving allocations to sustainable assets, supported by a raft of regulatory initiatives, according to two separate reports.
China adds 30% more billionaires in 2019 despite the ongoing trade dispute with the US and slowing domestic GDP growth, according to the Hurun Global Rich List 2020 report.
The territory’s proximity to mainland China and its diverse product offerings continue to give Hong Kong an advantage over rival private wealth management (PWM) centers, according to a recent report.
Few asset managers systemically integrate ESG factors in the investment process and disclosure is poor, according to a survey report by Hong Kong’s Securities and Futures Commission (SFC).
Despite rising name recognition, Sino-foreign asset management joint ventures are still playing catch-up with domestic players, according to a Broadridge Financial survey of brand perceptions.
Regulations are also pushing family offices to adopt global best practices and hire professional management.
Economic headwinds, technology shortfalls, regulatory burdens, and talent gaps plague the territory’s wealth management industry, according to a recent survey.
They are also embracing sustainable investing and putting succession plans in place, according to UBS’s latest Global Family Office Report.
However, a majority of investment recommendations made by digital platforms do not match investors’ needs.
Malaysia’s asset managers need revitalisation and more innovation, according to a recent report.
Part of the Mark Allen Group.