Capitalise on Hong Kong’s Thriving Asset Management Opportunities

Asset management firm Rime Capital has chosen Hong Kong as its regional headquarters, recognising the city's strategic advantages for financial institutions. 

Leveraging Hong Kong’s global reputation as a financial hub and its strong, secure, and efficient financial infrastructure, Rime Capital set up its regional headquarters in the city in June 2024. The firm aims to capture emerging opportunities in global asset and wealth management by expanding its services and fostering strategic partnerships in the region.

Gateway to Go Global

Rime Capital primarily serves high-net-worth individuals and enterprises, with an eye on global expansion through its Hong Kong base. “Hong Kong is Mainland China’s closest gateway to the world and the world’s closest gateway to the Mainland,” said Zhou Gang, Partner and Chief Investment Officer of Rime Capital. “Hong Kong’s connectivity — whether to Mainland China or markets in Europe, the Americas, and Southeast Asia — is unmatched. This is crucial for us to seize key investment opportunities from our potential customers and partners worldwide.”

In addition to expanding its global asset management footprint, Rime Capital is enhancing its capacity to use different derivative products to meet the evolving needs of its clients. “In the long term, we envision developing a multi-manager platform to provide diversified investment products to our clients. Furthermore, Rime Capital is actively collaborating with some of the world’s largest financial institutions, reinforcing our commitment to building global partnerships,” Zhou said. 

Premier Wealth Management Hub

As the largest cross-border wealth management hub in Asia, Hong Kong is expected to surpass Switzerland by 2027, becoming the world's leading cross-boundary wealth management centre, according to the Boston Consulting Group Global Wealth Report 2023. “We believe that the well-established financial market connection between Mainland China and Hong Kong will significantly enhance the convenience of wealth management for high-net-worth clients, especially those from Mainland China,” Zhou said. “Also, we aim to leverage the city’s premier asset management hub status and robust business opportunities to establish ourselves as a prominent player in the industry.”

With its office located in the heart of Hong Kong's Central district, Rime Capital benefits from its proximity to a wide network of industry partners, enabling the firm to access valuable market intelligence and exchange insights. “Interacting with top banks and asset management firms here sharpens our competitive edge,” Zhou noted, emphasising that such interactions are vital to the firm’s success in the financial sector. 

Wang Shaohua, Chief Executive Officer of Rime Capital, appreciates InvestHK for facilitating its smooth sailing into the city. The team provided invaluable support and expertise, assisting with the firm’s operational development and preparation for some of its portfolio companies’ initial public offerings in Hong Kong. “From guiding us through the setup process to supporting our projects, the InvestHK team assists us every step of the way,” Wang concluded.