Structured products rise in Hong Kong

Investments in derivatives and structured products by fund managers in Hong Kong grew 53% in 2005 to HK$29.5 billion ($3.8 billion) from HK$19.2 billion in 2004, according to the Securities and Futures Commission's (SFC) Fund Management Activities Survey 2005.

The survey reported a 25% growth in Hong Kong's fund management business to HK$4.53 trillion last year. This included real estate investment trusts worth HK$38 billion, portfolio managers' business worth HK$3.46 trillion and registered

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