Hong Kong remains one of the world’s most robust private wealth management hubs, with Mainland China being a key growth driver, according to a recent study.
Hong Kong’s private wealth management (PWM) industry is growing strongly, a newly released PWM report co-authored by the Private Wealth Management Association (PWMA) and business services firm KPMG China shows. Amy Lo, Chairman, Executive Committee of PWMA, outlines the key findings, including a forecast that, within five years, Mainland Chinese investment could account for more than half of assets under management in Hong Kong.
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