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BackHow Hong Kong can double asset holdings: target world’s ‘patient’ capital, FSDC advises
How Hong Kong can double asset holdings: target world’s ‘patient’ capital, FSDC advises
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SCMP Economy17 minutes agoBusiness1 min readChina

How Hong Kong can double asset holdings: target world’s ‘patient’ capital, FSDC advises

hong kongfsdcassets under management

Quick Look

Assets under management in Hong Kong could double by attracting a small portion of global insurance and pension funds, according to a Financial Development Services Council report.

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Why It Matters

Global pension funds held US$68 trillion and insurers held US$42 trillion at the end of recent periods.

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Assets under management in Hong Kong would double with the addition of just a small portion of the money global insurance and pension funds have to invest, according to a member of the Financial Development Services Council (FSDC).

Hong Kong should do more to attract this so-called patient capital – assets that insurance companies and pension funds invest for the long term, said the government think tank that promotes the city as an international financial centre, in a report on Wednesday.

Globally, pension funds had total assets of US$68 trillion at the end of last year, while global insurers had investment assets of US$42 trillion at the end of 2024, according to data from the FSDC.

Open Questions

  • What specific policies will Hong Kong implement to attract these funds?

Related Topics

hong kong
OrganizationsFinancial Development Services CouncilFSDC
PlacesHong Kong
Topicsfsdcassets under managementpension fundsinsurance fundspatient capital
This article was originally published by SCMP Economy.

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