Total assets under management (AUM) for Hong Kong’s asset and wealth management industry rose 13% to HKD 35,142 billion in 20241, with net inflows increasing 81% during the year - demonstrating the sector's resilience and ongoing appeal to investors.
The first half of 2025 has presented a volatile environment for asset managers, but significant long-term opportunities are on the horizon. Hong Kong's unique position as an international financial hub and a gateway to the Chinese market continues to offer unparalleled potential.
In the videos below, KPMG experts share their insights and predictions for the year ahead across a variety of topics including IPO market trends, regulatory refinements, cross-boundary investment opportunities, virtual assets, and the growing family office sector. We also look at Hong Kong's evolving role as a regional and global asset management centre.
In addition to the short videos, you can download our PDF report going in details over the key points and insights contained in this year's Outlook.
Outlook 2025
Artificial Intelligence
Retailisation of funds
State of the industry
Private Equity and alternatives
Virtual Assets
Regulatory developments
Private Equity trends and tax environment
[1] Securities and Futures Commission, Asset and Wealth Management Activities Survey 2024. https://www.sfc.hk/-/media/EN/files/COM/Reports-and-surveys/EN_AWMAS-2024.pdf?rev=b5a3bd4768b34f3185b421ca91f70750&hash=532732D531ED17BDC46927632F1F09A8
Hong Kong Asset Management and Private Equity Outlook
Navigating Volatility, Seizing Opportunities
Download PDF (2.1 MB) ⤓
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KPMG in China has offices located in 31 cities with over 14, 000 partners and staff, in Beijing, Changchun, Changsha, Chengdu, Chongqing, Dalian, Dongguan, Foshan, Fuzhou, Guangzhou, Haikou, Hangzhou, Hefei, Jinan, Nanjing, Nantong, Ningbo, Qingdao, Shanghai, Shenyang, Shenzhen, Suzhou, Taiyuan, Tianjin, Wuhan, Wuxi, Xiamen, Xi'an, Zhengzhou, Hong Kong SAR and Macau SAR. It started operations in Hong Kong in 1945. In 1992, KPMG became the first international accounting network to be granted a joint venture licence in the Chinese Mainland. In 2012, KPMG became the first among the “Big Four” in the Chinese Mainland to convert from a joint venture to a special general partnership.
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