Amy Sood

A senior BlackRock executive says it is "critical" for the asset manager to believe in the shift towards digital assets and continue to innovate, despite limited investor understanding of the products and the high costs of developing them.

Hong Kong retail funds with indirect exposure to private assets could be required to make enhanced disclosures to investors under draft guidance, as the securities regulator seeks to ensure retail investors understand the risks associated with private markets.

Hong Kong's asset management workforce grew roughly 3.8% in 2025, reversing two years of decline and defying concerns about a hiring slowdown across Asia more broadly, according to new survey data.

Hong Kong's push to increase transparency around retail funds exposed to private markets is creating uncertainty and will require time to implement, according to market participants.

Asset managers in Hong Kong have come under pressure from authorities to shift away from US AI models as the technology becomes increasingly entangled in US-China geopolitical tensions.

The relocation of Hong Kong's fund administration jobs to Malaysia and India is accelerating as companies seek to cut costs and automate routine tasks with AI, according to industry recruiters.

Institutional clients have stepped up their scrutiny of asset managers' AI governance and cross-border data security policies.

Fund managers in Singapore are taking a close look at Hong Kong and other tax-friendly hubs as the city-state vies to maintain its competitive edge, industry participants say.

Allianz Global Investors has agreed to acquire the fund management business of Singapore's United Overseas Bank in a bid to expand the asset manager's footprint in the region.

Singapore's push to be a leading regional and global asset management hub has come at the expense of its domestic fund houses, according to industry experts.