Hong Kong could significantly increase its asset holdings by attracting a small fraction of the global pension fund and insurance capital, according to advice from the Financial Development Services Council (FSDC). The FSDC suggests targeting this long-term, or "patient," capital, which amounts to over US$100 trillion worldwide. By securing even a minor portion of these assets, Hong Kong could potentially double its own managed assets. AI
RANK_REASON The item is an advisory report from a financial council, not a direct industry event.
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