1、Asset Management and Private Equity 2023 O 2023 KPMG,a Hong Kong(SAR)partnership and a member firm of the KPMG global organisation of independent member firms affiliated with KPMG International Limited,a private English company limited by guarantee.All rights reserved.Asset Management and Private Eq

2、uity 2023 Outlook3Foreword4Opportunities and optimism5Challenges and competition6Tax7Regulatory developments8ESG9Family offices10Private equity11eMPF12Virtual assets14About KPMG15Contact usTable of ContentsAsset Management and Private Equity 2023 Outlook3 2023 KPMG,a Hong Kong(SAR)partnership and a

3、member firm of the KPMG global organisation of independent member firms affiliated with KPMG International Limited,a private English company limited by guarantee.All rights reserved.ForewordWelcome to the Hong Kong Asset Management and Private Equity 2023 Outlook,where we review the major trends and

4、 consider the developments that the industry will face in the year ahead.While most of the world emerged from the Covid pandemic during 2022,the global economy struggled as a result of the impact of the war in Ukraine,soaring inflation and the efforts to control it in many economies.In Hong Kong(SAR

5、),China,the return to normal business operations was constrained by lingering Covid-related restrictions.So it is hardly surprising that 2022 was a difficult year for the asset management sector,with all asset classes suffering amid the market volatility.Moving into 2023,however,the outlook is brigh

6、ter.Hong Kong has been getting back to normal business operations now that most of the pandemic restrictions have been lifted.Meanwhile,the significant easing of Covid restrictions in the Chinese Mainland has removed a major hurdle for asset management activity particularly private equity.Access to