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Chart 2
No of Contracts (Million)
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Financial and Monetary Affairs
HKFE Turnover of Derivatives
250
200
150
215
190
188
142
100
130
50
0
2013
2014
2015
Year
2016
2017
Asset Management Hub
Hong Kong is well placed as Asia's premier asset management centre, amid huge demand for wealth and asset management services on the Mainland and the city's strong nexus with the rest of Asia. The asset management business is highly international, with 66.3 per cent of the assets under management, excluding real estate investment trusts (Reits), coming from investors outside Hong Kong'.
The city has a strong asset management foundation and world-class financial infrastructure. At the year end, 1,513 companies were licensed by or registered with the Securities and Futures Commission (SFC) to carry out asset management business locally, up 12.9 per cent from end-2016.
The government, together with other agencies, works to provide a conducive operational, regulatory and tax environment as well as improved access to other markets, thereby growing a full spectrum of asset management activities.
Chart 3
Number of Asset Management Companies
No of Companies
1,600
1,400
1,513
1,200
1,340
1,000
1,177
1,074
800
995
600
400
200
0
2013
2014
2015
2016
2017
Year
Figures are quoted from the Fund Management Activities Survey for 2016, an annual SFC survey about the general state of affairs in the local fund management industry.
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