2024 Global Asset Management Center Evaluation Index Released, Hong Kong Ranked 9th, But Virtual Asset Management Products Lead Asia

According to People's Daily Online, at the release of the 2024 Global Asset Management Center Evaluation Index and the CLF50 Autumn Conference, the 2024 Global Asset Management Center Evaluation Index developed by the China-Europe Lujiazui Institute of International Finance was officially released. The latest index report shows that New York still leads the world, but the total score is lower than in previous years, and the gap between other cities has narrowed. In Asia, Singapore, Shanghai, and Tokyo all fell one place from last year to sixth, seventh, and tenth respectively. From the perspective of the growth rate of asset management scale and ETF scale of Shanghai's leading asset management institutions, Shanghai is still at the forefront of the world, and the trend of diversification is becoming more and more obvious. In addition to traditional asset classes, there are also digital assets, ESG products, etc. Although Hong Kong leads Asia in the field of family offices and virtual asset management products, the stock and bond market is still sluggish, ranking ninth.