HK fund industry cites record AUM, driven by China
The city has seen a surge in money managed for global investors, as well as company relocations, expansion and new entrants – all seemingly spurred on by Hong Kong’s role as China's gateway.
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Hong Kong’s fund management industry saw assets surge to a record high last year, driven by inflows from global investors as well as business relocation, expansion and new entrants, according to the city's securities regulator's annual survey.
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