Commonwealth Bank's plan to dispose of Colonial First State is part of an industry consolidation that means any buyer would almost certainly come from outside Australia.
Both fund managers and financial advisers believe the territory needs to update its regulation of business referrals, which has left many companies operating in a legal grey zone.
The risk posed by the flood of money into exchange-traded funds has been overstated, mostly by active managers, say market experts.
Australia's sovereign wealth fund believes its asset base will keep expanding for 10 years after getting government assurances of no drawdown, but cut its annual return target.
Pension funds and other institutional investors in the country are exploring different options for coping with a potential jump in volatility in global markets.
The fund is joining the list of Asian asset owners looking to reduce their reliance on the Barclays Global Aggregate index. AsianInvestor spoke to HKHS's head of treasury.