Net inflows into Hong Kong’s asset management business slow to 10% growth: SFC survey
Individual professional investors withdrew HK$420 billion ($53.5 billion) of assets from Hong Kong in 2021, while the growth of assets managed by other institutional investors was flat.
The growth rate of net inflows into Hong Kong’s asset management and fund advisory business has slowed down significantly, dropping from a 40% year-on-year growth in 2020 to only 10% in 2021, according to the latest survey of Hong Kong’s Securities and Futures Commission (SFC).
The survey released on Wednesday (July 20) showed that the city’s asset management and fund advisory business recorded net fund inflows of HK$1.5 trillion ($191.1 billion) by end-2021, representing a 10% ye…
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