Hong Kong
Hong Kong domiciled funds growth outpaces Singapore
Chinese equity mutual funds boost the size of the Hong Kong-domiciled mutual fund landscape, helping it push ahead of rival Singapore.
Hong Kong’s Mason plans acquisitions for wealth unit launch
Hong Kong financial company Mason Group Holdings has announced plans to build an offshore wealth management business with at least $3bn (£2.3bn, €2.5bn) in assets from the ground up through a series of acquisitions.
FCA signs cooperation agreement with Hong Kong regulator
The UK Financial Conduct Authority (FCA) has signed an agreement with the regulatory authority in Hong Kong to strengthen cooperation and facilitate the exchange of information.
Hong Kong’s private wealth assets grow by 9%
Hong Kong’s private wealth management assets reached HK$5.2trn (£513.2bn, $665bn, €578.9bn) in 2016, growing by 9% and increasing their share of the overall fund management business in the territory, according to a report by the Securities and Futures Commission.
Deutsche AM terminates 16 Hong Kong ETFs
Deutsche Asset Management is delisting 16 ETFs in Hong Kong, cutting the number of exchange-traded funds it has listed in the special administrative region in half, according to data from the Hong Kong Exchange and Clearing.