Summary
KPMG's Vision 2030 provides an insightful overview of the challenges and opportunities facing asset managers leading up to the year 2030, emphasizing the importance of adaptability in a rapidly changing environment.
Despite global economic uncertainties and geopolitical tensions, Hong Kong stands out as a key player in the asset management sector, benefiting from its strategic location and strong connectivity with emerging markets like China and Southeast Asia. The adoption of new technologies, shifting investor preferences, and a growing focus on areas like ESG and alternative assets are driving the evolution of the industry. Asset managers are encouraged to embrace these trends, including the rising popularity of ETFs, in order to remain competitive and capitalize on the opportunities presented by the dynamic landscape. Hong Kong's solid foundation as an international financial hub, coupled with its ability to draw on global insights, positions it well to navigate the challenges ahead and maintain its status as a leading player in the asset management sector.
Region:
Global
Published:
July 2024
Author(s):
KPMG
Language:
English