Chart 2
HK$ Billion
300
250
260
200
150
100
80
4
Financial and Monetary Affairs
Equity Funds Raised Through IPOs
263
233
169
90
50
0
2011
2012
2013
2014
2015
Year
Chart 3
Total Equity Funds Raised
1,200
1,000
HK$ Billion
800
1,116
943
600
400
490
200
379
305
0
2011
2012
2013
2014
2015
Year
Asset Management Hub
Hong Kong is well placed to become Asia's premier asset management centre amid a huge demand for wealth and asset management services on the Mainland and elsewhere in Asia. The asset management business is highly international, with about 71 per cent of the assets under management coming from investors outside Hong Kong.
The city has a strong asset management foundation and world-class financial infrastructure. At the end of 2015, 1,177 companies were licensed or registered to carry out asset management business locally, marking a rise of 9.6 per cent from the end of 2014.
The government, together with other agencies, works to provide a conducive operational, regulatory and tax environment to grow a full spectrum of asset management activities.
Chart 4
Number of Asset Management Companies
No. of companies
1,400
1,200
1,000
1,177
1,074
800
935
995
884
600
400
200
0
2011
2012
2013
Year
2014
2015
59