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Hong Kong Fund Management Industry Remains Robust

The latest Fund Management Activities Survey (FMAS) covering 2008 released July 28, 2009 by the Hong Kong Securities and Futures Commission (SFC) shows that despite a 39.3% year-on-year decline, the combined fund management business remained in an uptrend on a trailing three-year-average basis. Due to the poor performance of financial markets around the world and [...]