Hong Kong – Your destination of choice

May 2024

Hong Kong is seen as the nexus of Asia Pacific for asset and wealth managers looking to capture the opportunities in the region. Hong Kong serves a wide investor base, accommodating capital flows of domestic and international entities. Moreover, Hong Kong’s robust legal system, tax-friendly regime, conducive regulatory environment, deep and liquid capital markets, diverse talent pool, and accessibility to Mainland China opportunities, adds to the city’s attraction as a destination for doing businesses for asset and wealth managers.

Setting up and running an asset management company, and launching new fund products, can be seamless and efficient if the founder or organisation meticulously considers each detail to align with both near term and long-term objectives. Many aspects must be considered, from entity formation and licensing, to the choice of legal fund vehicles and distribution strategy.

In this guide, we outline the key aspects one should consider when setting up asset management activities in Hong Kong, whether the objective is to operate in the public or private markets.