Hong Kong is competing with many of its regional peers to develop itself into a green finance hub. But there is one thing that the city should first do to realise this ambition.
A survey of around 100 institutional investors across Asia in late 2019 - conducted by AsianInvestor and HSBC Global Asset Management - has revealed the appetite, trends, challenges, opportunities and a potential roadmap for Hong Kong dollar (HKD) bonds in portfolios.
The US firm's former Singapore chief is on gardening leave. Sources say he will take up an institutional client-focused role in Hong Kong at another large fund house.
Cecilia Chan, chief investment officer for fixed income at HSBC Global Asset Management in Asia-Pacific, explains why the firm's strategic outlook on Hong Kong dollar bonds remains positive.
Even the most active buyers of Hong Kong dollar (HKD) bonds want more from this asset in terms of liquidity, issuer diversity and tenor – otherwise it might become more marginalised in portfolios.
Despite the challenging environment, the Canadian pension fund is pushing ahead with ambitious expansion and investment plans in the region.
Workplace inclusiveness ultimately strengthens investment capabilities, say experts. The launch of the HK Bloomberg Women’s Buy-side Network aims to progress the debate.
The US fund house has seen the long-standing member of staff move on, but her next move is unclear.
Hong Kong has boosted its competitiveness as a private equity fund centre by confirming, this week, that it would review its tax treatment of carried interest as income.
The new portfolio, which can help to lift returns, distinguishes itself from the Future Fund's placements with the Exchange Fund's long-term growth portfolio.
There is continued appetite for this asset class as a portfolio tool for investors to achieve specific goals such as matching liabilities and avoiding currency risk. But greater choice, more liquidity and higher yields are in growing demand.
Work on the planned China-Hong Kong trading link for exchange-traded funds is continuing, albeit in the shadow of the coronavirus outbreak, global trade spats and cross-border tension.
Chinese and HK state investors may well expect private fund firms to use the new limited partnership regime, for which a proposal is imminent, says a lawyer involved in the process.
Reflecting on how best to use his experience, former hedge fund industry guru Paul Smith wants to help investors improve how they deploy money, and talks "purposeful capitalism".
For the Year of the Rat, AsianInvestor offers some financial and economic predictions. In this instalment, we ask whether Hong Kong will retain its prestige as a world-class financial centre.
The $70 billion US fund is shutting its Asia branch after 12 years, following the exit of its regional private investment head and public equities team and amid China-US tensions.
Stock markets have fallen sharply on the back of the Wuhan coronavirus. How will equities and other asset classes react further? Six investment experts chime in.
The French fund house is expanding institutional client coverage, says its Asia head, citing business growth in segments such as insurance and superannuation funds.
Hong Kong’s de facto central bank voices its support for the upcoming limited partnership regime as more details of the developing legal framework emerge.
The Canadian pension fund’s head of Asia remains confident that Hong Kong has the edge in providing regional accessibility as it sets out to accelerate its investments in the region.