Key facts
- The FSDC said Hong Kong's assets under management would double by adding a small portion of global insurance and pension money.
- The council described the target as patient capital, meaning assets insurers and pension funds invest for the long term.
- The FSDC is a government think tank that promotes Hong Kong as an international financial centre.
Hong Kong's Financial Development Services Council said in a report dated November 11, 2026 that the city's assets under management would double if it drew in only a small portion of the money global insurance companies and pension funds have available to invest.
The council, a government think tank that promotes Hong Kong as an international financial centre, called for the city to do more to attract what it termed patient capital, meaning assets that insurers and pension funds hold for the long term.
The report was published on November 11, 2026. The body reviewed did not state the size of Hong Kong's current assets under management, the share of global long-term capital the council is targeting, or the specific measures it proposed.