Hong Kong, Singapore “least attractive” institutional markets
AMP Capital's Asia head says Hong Kong and Singapore are appealing in terms of wholesale but not institutional business, as she assesses where the best opportunities lie in the region.
The Asia head of Australian asset manager AMP Capital has branded Hong Kong and Singapore the least attractive markets in Asia for institutional business and pointed to Taiwan as the least appealing for wholesale business.
Kerry Ching, managing director for Asia at AMP Capital, said the Singapore and Hong Kong institutional markets were already saturated with fund houses. She was speaking yesterday at a seminar in Hong Kong organised by the Association of the Luxembourg Fund Indus…
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