The Lee Shau Kee School of Business and Administration (the Business School) of Hong Kong Metropolitan University (HKMU) and Kingkey Family Office (KKFO) recently signed a Memorandum of Understanding (MoU) to promote environmental, social and corporate governance (ESG) investing and foster talent development for asset management and family offices to support the Government's latest policy of promoting Hong Kong as a premier hub for family offices.

The MoU was signed by the Dean of the Business School, Prof. Alan Au Kai-ming, and the Managing Director and Chief Executive Officer of KKFO, Dr Jowin Fung. Under the MoU, both parties pledge to work together towards their shared commitment to promote ESG and impact investing. One of the key areas of collaboration is the compilation of the “Forbes China Outstanding ESG Asset Management / Multi-Family Offices 30” List, which recognises asset management companies and multi-family offices that have shown exceptional dedication to impact investing. The Business School will contribute to the development of a set of comprehensive selection criteria for the List.

Addressing the ceremony, Prof. Alan Au expressed his gratitude to KKFO, stating that the MoU is in line with the Government's latest initiative to promote Hong Kong as a premier hub for family offices. “The cooperation in promoting ESG investing under this MoU signifies the huge potential for ESG investing in Hong Kong, the Greater Bay Area and beyond,” he said. “The Business School is committed to bridging the talent gap through our comprehensive programmes. We are excited to work closely with Kingkey to provide students with valuable opportunities to gain deeper insights into the market outlook, connect with business leaders, and gain internship opportunities, which will facilitate their early career engagement.”

Dr Fung also expressed his enthusiasm for the collaboration between HKMU and KKFO. “This MoU is a significant milestone that marks the beginning of a cooperative relationship between the two organisations,” he said. “The collaboration will provide HKMU Business School and students with practical opportunities and research projects, allowing them to gain a deeper understanding of the operations of family offices and the needs of high-net-worth clients, leading to better teaching and research outcomes. I look forward to leveraging the expertise and resources of HKMU to drive the development of Kingkey and the family office business in Hong Kong.”