Reed Smith Client Alerts

Key takeaways

  • Stable growth in asset management industry in both Singapore and Hong Kong
  • Cross-border capital flows are core components for both markets
  • Singapore positioning itself as pan-Asian hub, particularly in private markets and ESG; Hong Kong focusing on strengthening connectivity to Mainland China

The Monetary Authority of Singapore (MAS) and Hong Kong’s Securities and Futures Commission (SFC) recently published the results of their respective 2024 asset and wealth management surveys. Amidst a backdrop of slower global growth and heightened market volatility, the survey results point to a resilient and, in many respects, thriving regional asset management industry. This alert summarises the principal takeaways, highlights key similarities and divergences, and offers our views on what these results mean for asset managers, investors, and other market participants.