The Securities and Futures Commission said it is working on diversifying fund distribution channels, which have been dominated by banks.

The Securities and Futures Commission said it is working on diversifying fund distribution channels, which have been dominated by banks.
The Hong Kong-based firm will be launching a technology-focused multi-asset product and is preparing to develop a Greater Bay Area product, according to Eric Poon, managing director and head of sales.
The firm has had three emerging market funds approved by the SFC, and is one of several foreign asset managers who are increasingly targeting Hong Kong’s retail investor base.
Foundation Asset Management has begun selling only the third SFC-registered hedge fund authorised for sale to Hong Kong retail investors.
Some distributors in Hong Kong may avoid ‘complex products’ because of the added risk of being non-compliant, according to Rolfe Hayden, a partner at law firm Simmons & Simmons.
Private bankers are able to bargain for higher pay when transferring to a boutique wealth manager, according to Sunny Kwak, senior consultant for private banking at executive recruitment firm Morgan McKinley.
We present photo highlights of the FSA Investment Forum in Hong Kong, which was held on 1 November at the Four Seasons Hotel.
Executives also announced the firm’s entry into Hong Kong’s retail mutual fund market with the launch of seven Sicav funds.
Nearly half of Hong Kong’s emerging affluent population makes use of savings as the preferred route to achieve financial goals, according to a survey by Standard Chartered Bank.
A number of Hong Kong-domiciled funds do not meet requirements of the UK’s Financial Conduct Authority (FCA).
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