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Change And Resilience: Fund Management In The New Normal, Keynote Speech At HKIFA 14th Annual Conference, Ms Julia Leung, Hong Kong Securities And Futures Commission, Deputy Chief Executive Officer And Executive Director, Intermediaries, 7 June 2021

Date 07/06/2021

Good morning. It gives me great pleasure to be invited to the Hong Kong Investment Funds Association’s (HKIFA) 14th Annual Conference to deliver this keynote speech.

 

If I remember correctly, this conference was originally scheduled for November 2020, but was unfortunately postponed as a result of the fourth COVID wave in Hong Kong. The fact that it is being held now is a great sign indicating a return to normalcy.

That said, I’m sure all of us would agree that the meaning of “normal” has been constantly evolving over the last two years. The pandemic has profoundly changed the way we have configured our work—not to mention our family and social life. Some of you are attending this conference in person while others may be attending virtually, in your own offices or even in the comfort of your own homes.

Perhaps one of the few positives to emerge from the unprecedented turmoil caused by COVID is that it gave us all a real-life opportunity to test the resilience of our market and the effectiveness of our business continuity plans—our “BCPs”. Working from home and other alternative work arrangements have been around for some time now, but the pandemic has propelled us all in that direction. A hybrid approach to work and conferences will be the new normal going forward.

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