Hong Kong investors more bullish than global counterparts, says Calastone

Hong Kong investors have a more positive market outlook compared to their global peers despite the economic uncertainty unleashed by the Covid-19 pandemic. A study by global funds network, Calastone, revealed that 58% of Hong Kong investors have made new investments since the global public health emergency. Only US investors have bought more (64%) in contrast to Australia (55%), UK (51%), Germany (47%) and New Zealand (46%). The survey also showed that 41% of investors in Hong Kong were actively making investments as they seek to capitalise on market volatility and the opportunities stemming from Covid-19. Again, the US (44%) was the sole jurisdiction with a greater proportion of active investors than Hong Kong, with the number far lower in the UK and Australia (31%). Across all the regions where participants were surveyed, millennials led the charge in terms of investment activity, showing they have a high tolerance for risk. “Hong Kong millennials show they are more optimistic than other age groups, focused on profiting from the market low and generating a return,” said Leo Chen, managing director and head of Asia at Calastone. “We hope this proactivity will keep the market moving forwards as uncertainty shows no sign of abating, with Hong Kong now tackling its third wave of Covid-19 infections,” added Chen. A total of 1,800 people took part in the survey in Hong Kong, Australia, New Zealand, Germany the UK and US. © 2020 funds global asia

Sponsored Profiles

Sponsored feature: Asset allocators – How do you track your decisions?

Apr 06, 2020

Mark Barry, Head of Asset Allocation at Milestone Group, explores how a simple question can highlight opportunities to automate and streamline your asset allocation investment process.

Sponsored feature: How is DLT changing the global securities services landscape?

Oct 17, 2019

By Jeslyn Tan, global head of product management, securities services, at Deutsche Bank

Sponsored feature: A new base for fund distribution

Oct 16, 2019

To get the most value out of the digitisation of investment fund distribution, a blockchain-based infrastructure is fundamental. By Olivier Portenseigne, Managing Director and Chief Commercial Officer, Fundsquare.

Sponsored profile: Bridging the gap

Mar 11, 2019

Private equity is a core part of the business for Caceis’ Hong Kong office, which looks after clients in China and Europe. David Li, chief executive officer, explains why private equity enjoys strong client demand and how it is being used to fund China’s international infrastructure ambitions.

Executive Interviews

Executive interview: ‘China is the 800-pound gorilla’

Aug 04, 2020

Just over a year into his new role, Wai-Kwong Seck, chief executive officer at Eastspring Investments, discusses his business goals, the Covid-19 pandemic and China.

Executive interview: Understanding geographies

Apr 06, 2020

Margaret Harwood-Jones, co-head financing and securities services at Standard Chartered, shares her insights on platform standardisation, opportunities in Asia and regulatory change to encourage...


Hong Kong roundtable: A ‘fragile Goldilocks situation’

Apr 06, 2020

With the global economy at a crossroads, our panel of experts share their thoughts on the market conditions, geopolitical volatility and growth opportunities. Chaired by Romil Patel in Hong Kong.

Singapore roundtable: A horizon to hold long-term assets

Dec 12, 2019

Panellists discuss the geopolitical fractures concerning asset owners, Singapore as a hub for fintech start-ups and why it makes sense to raise capital from a Variable Capital Company (VCC). Chaired by Romil Patel in Singapore.