Exclusive | Janus Henderson to focus on Greater Bay Area, Hong Kong investment-migration scheme, CEO Ali Dibadj says
- Hong Kong to play a key role in Janus Henderson’s Asia expansion plan because the city is a portal to 1.4 billion people in China, CEO Ali Dibadj says
- Hong Kong’s investment-migration scheme will create demand for long-term investment products, fund manager says
Asset manager Janus Henderson Investors views Hong Kong as a crucial cog in its plans to tap opportunities in the Greater Bay Area, mainland China and the wider region, with particular focus on leveraging the newly launched investment-migration scheme, according to CEO Ali Dibadj.
The company’s goal is to boost assets under management in Asia to US$50 billion in the next five years, from about US$30 billion last year.
“We are very ambitious in Asia,” Dibadj said in an exclusive interview with the Post during a visit to the city last week. And Hong Kong will play a key role in the expansion plan because the city is a stepping stone to China’s vast market of 1.4 billion people, he added.
“[Hong Kong] is a portal to such a huge part of the world and it is a portal that continues to grow,” Dibadj said, noting that it would be foolish to doubt Hong Kong’s vibrancy in an apparent dig at comments made recently by Stephen Roach.
Roach, an economist and former Morgan Stanley Asia chairman, sparked uproar with an opinion piece last month in which he said “Hong Kong is over”. Roach argued that the city’s stock market was likely to remain in the doldrums, citing domestic politics, Beijing’s structural economic problems and worsening US-China tensions.
