Hong Kong and mainland China will continue to be the growth engine for asset-management companies as both local and international investors are starting to shift from holding cash to investing in equities and bonds in the region, according to the top boss of US fund house Invesco. “There is a trend of redistribution of people’s portfolios, as they are looking for value opportunities, which are showing up in emerging markets, equity, emerging-market debt and global equities,” said Andrew...

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