The Hong Kong Monetary Authority published an Applied Research report by the Hong Kong Institute for Monetary and Financial Research, the research arm of the Hong Kong Academy of Finance, on the development of Hong Kong’s family office sector. Based on a survey and interviews with industry stakeholders, the report finds strong growth momentum and identifies philanthropy, impact investing and risk management as the main future growth areas alongside traditional wealth management. According to the report, 91% of survey respondents were already invested in Hong Kong, citing its favourable regulatory framework, free flow of capital, deep capital markets and competitive tax regime. It projects philanthropic participation rising from 45% to 64% and impact investing from 30% to 43% over the next few years, while demand for risk management products and services is also expected to increase. The report also outlines considerations to further develop the ecosystem, including leveraging the cross-industry support network within the Guangdong-Hong Kong-Macao Greater Bay Area, advancing Private Social Investments and promoting talent development.
Hong Kong Monetary Authority 2026-03-10
Hong Kong Monetary Authority publishes family office report pointing to philanthropy impact investing and risk management as growth areas
The Hong Kong Monetary Authority released a report by the Hong Kong Institute for Monetary and Financial Research on the growth of Hong Kong's family office sector. The report highlights strong growth momentum, with philanthropy, impact investing, and risk management identified as key future growth areas. It also notes that 91% of respondents are already invested in Hong Kong, attracted by its regulatory framework and competitive tax regime.