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Independent Wealth Management Forum 2019 HK - Highlights - David Wills

David Wills of Kenetic

Oct 28, 2019

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1. What are the opportunities and challenges for this industry?

Video transcript

1. What are the opportunities and challenges for this industry?

I think the opportunities are there's a lot of foreign businesses here. There's a lot of money flowing through here. There's a lot of wealthy individuals, whether they're finance professionals or people that have made money through various different industries and certainly need professional services from wealth managers. I think (a) challenge is the current political climate, making a lot of investors wary about keeping assets in Hong Kong. You've obviously seen that in the property markets. You've seen that we'd talk around potential capital controls. So, I think just awareness of the investors about Hong Kong as a financial hub.

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