Caproasia.com | The leading source of data, research, information & resource for financial professionals, investment managers, professional investors, family offices & advisors to institutions, billionaires, UHNWs & HNWs. Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets? Caproasia - Learn more
This site is for accredited investors, professional investors, investment managers and financial professionals only.
You should have assets around $3 million to $300 million or managing $20 million to $30 billion.
Hong Kong SFC-HKMA Investment Product Survey 2021: $638 Billion Transacted & 18,346 Headcount, Top 3 Products are Structured Products, Collective Investment Schemes & Debt Securities
30th September 2022 | Hong Kong
The Hong Kong Securities & Futures Commission (SFC) and central bank Hong Kong Monetary Authority (HKMA) have released the 2nd annual survey of the sale of non-exchange traded investment products in 2021. The total value of investment products in 2021 is $638 billion (-12%, HKD 5 trillion) and the top 3 most popular investment products are Structured products ($303 billion, 48%), Collective Investment Schemes ($189 billion, 30%), and Debt Securities ($104 billion, 16%). For Structured products, the top 3 products are Equity Accumulators / Decumulators (37%), Equity Products (33%), Currency Products (13%) and the top 3 equity product sectors are Internet (46%), Financial (15%), Automotive (11%). The total investment sales headcount in 2021 is 18,346. Key summary & findings below. View SFC & HKMA Survey: here
” $638 Billion Transacted & 18,346 Headcount, Top 3 Products are Structured Products, Collective Investment Schemes & Debt Securities “
- Article continues below -
Quick Links, Ads & Announcements
Caproasia Access | Events | Summits | Register Events | The Financial Centre
The 2024 Investment Day | 2024 Family Office Summits | Family Office Circle
Sign Up
Basic Member: $5 Monthly | $60 Yearly
Newsletter Daily 2 pm (Promo): $20 Monthly | $180 Yearly (FP: $680)
The 2025 Investment Day
Hong Kong | Singapore
March / July / Sept / Oct / Nov
Private Equity, Hedge Funds, Boutique Funds, Private Markets & more. Join 20+ CIOs & Senior investment team, with > 60% single family offices with $300 million AUM. Taking place in Hong Kong and in Singapore. Every March, July, Sept, Oct & Nov.
Visit | Register here
The 2025 Family Office Summit10th April & 16th Oct Hong Kong St Regis | 17th April & 6th Nov Singapore Amara Sanctuary Resort
Join 80 single family offices & family office professionals in Hong Kong & Singapore
Links: 2025 Family Office Summit | Register here
2025 Investment / Alternatives Summit
March / Oct / Nov in Hong Kong & Singapore
Join leading asset managers, hedge funds, boutique funds, private equity, venture capital & real estate firms in Hong Kong, Singapore & Asia-Pacific at the Investment / Alternatives Summit. Join as delegate, speaker, presenter, partner & sponsor.
Visit | Register here
2025 Private Wealth Summit
April / Oct / Nov in Hong Kong & Singapore
Join CEOs, CIOs, Head of Private Banking, Head of Family Offices & Product Heads at The Private Wealth Summit. Join as delegate, speaker, presenter, partner & sponsor.
Visit | Register here
Hong Kong Investment Product Survey 2021
Key 2021 Findings:
- Total value of investment products: $638 billion (-12%, HKD 5 trillion)
- No. of firms selling investment products: 390 (+5%, 2020: 372)
- Total Investment Sales Headcount: 18,346
- No. of investors with at least 1 investment transaction: 775,812 (+5%)
- Why decline in total value investment products: Key decline in Structured products, debt securities. Unfavourable market sentiment & volatile markets in 2021
- Top increase in structured products: Equity
- Top decline in structured products: Commodity, Currency
- Increase in online platforms to distribute products: 70 firms (2020: 58 firms)
- Total investments via online platforms: $37.5 billion (6% of total investments)
- Most popular investments via online platforms: Collective investment scheme
- Total 20 firms account for 82% of non-exchange traded investment products
- The remaining 18% were transacted by 370 firms
Key 2021 Investment Findings:
- Top 3 investment products (94%): Structured products ($303 billion, 48%), Collective Investment Schemes ($189 billion, 30%), Debt Securities ($104 billion, 16%)
- Top 3 structured products: Equity Accumulators / Decumulators (37%), Equity Products (33%), Currency Products (13%)
- Top 3 equity structured products by sectors: Internet (46%), Financial (15%), Automotive (11%)
- Top 3 currency products: RMB / USD (47%), JPY / USD (21%), EUR / USD (5%)
- Top 3 collective investment schemes: Money Market (33%), Bond (23%), Equity (14%)
- Top 3 debt securities: Unrated Corporate Bonds (30%), Non-Investment Grade Corporate Bonds (28%), Investment Grade Corporate Bonds (24%)
2021 Headcount:
- Total Investment Sales Headcount: 18,346
- Licensed representatives for LCs: 5,455
- Licensed representatives for RIs: 12,891
2021 Top Investments by Product Type ($638 billion):
- Structured products – $303 billion, 48%
- Collective Investment Schemes / Funds – $189 billion, 30%
- Debt Securities – $104 billion, 16%
- Swaps – $34.6 billion, 5%
- Repos & others – $6.2 billion, 1%
1) Structured Products ($303 billion, 48%)
- Equity Accumulators / Decumulators – 37%
- Equity Products – 33%
- Currency Products – 13%
- Currency Accumulators / Decumulators – 5%
- Commodity – 6%
- Interest Rate – 2%
- Others – 2%
- Index – 1%
- Credit – 1%
Top Equity Structured Products by Sector
- Internet – 46%
- Financial – 15%
- Automotive – 11%
- Multiple Sectors – 10%
- Technology – 7%
- Materials – 4%
- Others – 4%
- Telecommunications – 3%
Top Currency Structured Products
- RMB / USD – 47%
- JPY / USD – 21%
- EUR / USD – 5%
- GBP / USD – 4%
- AUD / USD – 3%
- Others – 20%
2) Collective Investment Scheme (30%, $189 billion)
- 2021: $189 billion (HKD 1.49 trillion)
- 2020: $181 billion (HKD 1.42 trillion)
- Top 25 firms contributed to 83% of total investments
Top Collective Investment Schemes (Invested by 81 Largest firms):
- Money Market – 33%
- Bond – 23%
- Equity – 14%
- Balanced – 11%
- Others – 9%
- Private Equity – 7%
- Hedge Funds – 3%
3) Debt Securities ($104 billion, 16%)
- Unrated Corporate Bonds – 30%
- Non-Investment Grade Corporate Bonds – 28%
- Investment Grade Corporate Bonds – 24%
- Sovereign Bonds – 15%
- Others – 3%
Top 5 Corporate Bonds Issuers (Invested by 81 largest firms):
- Mainland China – 53%
- Hong Kong – 37%
- Others – 5%
- United States – 2%
- United Kingdom – 2%
- Japan – 1%
Remaining Duration / Tenor of Top 5 Corporate Bonds (Invested by 81 largest firms):
- Less than 1 year – 48%
- 1 – 4 years – 32%
- 5 – 9 years – 4%
- 10 years or above – 3%
- Perpetual bonds – 13%
Annual Coupon Rate of Top 5 Corporate Bonds (Invested by 81 largest firms):
- Less than 3% – 32%
- 3 – 5% – 34%
- 6 – 10% – 17%
- 11% & above – 13%
- Zero Coupon – 4%
Top 3 Sovereign Bonds (Invested by 81 largest firms):
- Hong Kong – 49%
- China – 26%
- South Korea – 14%
Survey questionnaires were sent to 2,223 LCs and 111 RIs licensed or registered for Type 1, Type 4 or both regulated activities and over 99% responded. The survey covered the sale of non-exchange traded investment products from 1 January to 31 December 2021 (the reporting period) by respondent firms to non-professional investor (PI) clients, individual PIs and certain corporate PIs. This is the second survey conducted annually by the SFC and the HKMA on all the LCs and RIs which engaged in selling activities. The above findings were based on responses from a total of 327 LCs and 63 RIs which reported sale of investment products during the reporting period.
Respondent firms were requested to report only one side of the transaction. Rollovers, redemptions and position close-outs were not included.
Managing $20 million to $3 billion. Investing $3 million to $300 million.
For Investment Managers, Hedge Funds, Boutique Funds, Private Equity, Venture Capital, Professional Investors, Family Offices, Private Bankers & Advisors, sign up today. Subscribe to Caproasia and receive the latest news, data, insights & reports, events & programs daily at 2 pm.
Join Events & Find Services
Join Investments, Private Wealth, Family Office events in Hong Kong, Singapore, Asia-wide. Find hard-to-find $3 million to $300 million financial & investment services at The Financial Centre | TFC. Find financial, investment, private wealth, family office, real estate, luxury investments, citizenship, law firms & more. List hard-to-find financial & private wealth services.
Have a product launch? Promote a product or service? List your service at The Financial Centre | TFC. Join interviews & editorial and be featured on Caproasia.com or join Investments, Private Wealth, Family Office events. Contact us at [email protected] or [email protected]
Caproasia.com | The leading source of data, research, information & resource for financial professionals, investment managers, professional investors, family offices & advisors to institutions, billionaires, UHNWs & HNWs. Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets?
Quick Links
Caproasia Access | Events | Summits | Register Events | The Financial Centre
The 2025 Investment Day | 2025 Family Office Summits | Family Office Circle
2021 Data Release
2020 List of Private Banks in Hong Kong2020 List of Private Banks in Singapore
2020 Top 10 Largest Family Office2020 Top 10 Largest Multi-Family Offices2020 Report: Hong Kong Private Banks & Asset Mgmt - $4.49 Trillion2020 Report: Singapore Asset Mgmt - $3.48 Trillion AUM
For Investors | Professionals | Executives
Latest data, reports, insights, news, events & programs
Everyday at 2 pm
Direct to your inbox
Save 2 to 8 hours per week. Organised for success
Register Below
For CEOs, Heads, Senior Management, Market Heads, Desk Heads, Financial Professionals, Investment Managers, Asset Managers, Fund Managers, Hedge Funds, Boutique Funds, Analysts, Advisors, Wealth Managers, Private Bankers, Family Offices, Investment Bankers, Private Equity, Institutional Investors, Professional Investors
Get Ahead in 60 Seconds. Join 10,000 +
Save 2 to 8 hours weekly. Organised for Success.
Sign Up / Register
Web links may be disabled on mobile for security. Please click on desktop.
Caproasia Users
- Manage $20 million to $3 billion of assets
- Invest $3 million to $300 million
- Advise institutions, billionaires, UHNWs & HNWs
Caproasia Platforms | 11,000 Investors & Advisors
- Caproasia.com
- Caproasia Access
- Caproasia Events
- The Financial Centre | Find Services
- Membership
- Family Office Circle
- Professional Investor Circle
- Investor Relations Network
Monthly Roundtable & Networking
Family Office Programs
The 2024 Investment Day
- March 2024 - Hong Kong
- March 2024 - Singapore
- July 2024 - Hong Kong
- July 2024 - Singapore
- Sept 2024 - Hong Kong
- Sept 2024 - Singapore
- Oct 2024 - Hong Kong
- Nov 2024 - Singapore
- Visit: The Investment Day | Register: Click here
Caproasia Summits
- The Institutional Investor Summit
- The Investment / Alternatives Summit
- The Private Wealth Summit
- The Family Office Summit
- The CEO & Entrepreneur Summit
- The Capital Markets Summit
- The ESG / Sustainable Investment Summit
Contact Us
For Enquiries, Membership [email protected], [email protected] For Listing, Subscription [email protected], [email protected] For Press Release, send to: [email protected] For Events & Webinars [email protected] For Media Kit, Advertising, Sponsorships, Partnerships [email protected] For Research, Data, Surveys, Reports [email protected] For General Enquiries [email protected]Caproasia | Driving the future of Asia
a financial information technology co.
since 2014
