Assets managed by Hong Kong’s financial industry increased by 39.3% between 2011 and 2012, according a survey released by watchdog, the Securities and Futures Commission. Total assets under management grew from HK$9 trillion (US$ 1.16 trillion) to HK$12.6 trillion (US$ 1.62 trillion) over the year, a marked turnaround on 2011 which saw industry AUM shrink by 10.4%. Registered institutions including…
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