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.
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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.
Hong Kong’s Financial Services Development Council is pushing for a strong focus on ‘wealthtech’.
Hong Kong’s Financial Services Development Council (FSDC) recommends broadening of the domestic listed structured product range by introducing yield enhancement, participation and capital-protected products.
The Hong Kong government has begun a three-month consultation for introducing open-ended fund company structures (OFCs).
The Hong Kong government has announced measures to boost the development of the local asset management industry.
The Financial Services Development Council of Hong Kong has published proposals to broaden the fund structures permitted in the territory, including open-ended investment companies, in a bid to attract more funds to domicile locally.
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