HK funds industry growth reflects rush for bonds, alts
There has also been a robust rise in the number of asset management firms licensed in the city, according to the local regulator's annual report on fund management activity.

Hong Kong’s funds industry posted a 5.2% rise in assets under management to HK$18.3 trillion ($2.34 trilion) last year, driven largely by flows into bond products, with alternative strategies also recording a huge jump in demand.
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