Hong Kong Asset Management Growth Hinges on Talent Amid IPO Surge

Hong Kong asset management growth is accelerating, driven by a sharp rebound in IPO activity and rising demand for wealth and pension solutions, but talent remains the key determinant of expansion, according to Russell Adam, Senior Managing Partner, RGH Global Executive Search, Financial Services Practice, in a recent LinkedIn post. Furthermore, IPO proceeds in the first half were projected to climb more than eightfold to HK$108.7bn (USD13.9bn), accounting for almost a quarter of global totals, according to EY. The boom is fuelling demand across ESG, passive and quantitative strategies, alternatives, and cross-border wealth management, yet firms face shortages in compliance, risk and quantitative expertise. Industry leaders say securing the right leadership and technical skills is now as critical as capital flows, with recruitment strategy increasingly shaping market outcomes.