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Fund management business in Hong Kong surpasses pre-crisis levels

The annual Fund Management Activities Survey (FMAS) by the Securities and Futures Commission (SFC) shows that the combined fund management business in Hong Kong reached $10,091 billion in 2010, up 18.6% from 2009. The increase outperformed the previous year-on-year record of $9,631 billion achieved in 2007 and suggests a return of investor confidence in global financial markets and continuing inflows…

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