FSA Asset Class Research Hong Kong Question Title All data will be kept strictly anonymous.What is your broad macroeconomic outlook? Positive Neutral / uncertain Negative Question Title Over the next 12 months what do you expect to do regarding your weighting in these categories? Equities Increase Hold Decrease Not using US equities US equities Increase US equities Hold US equities Decrease US equities Not using European equities European equities Increase European equities Hold European equities Decrease European equities Not using Chinese equities Chinese equities Increase Chinese equities Hold Chinese equities Decrease Chinese equities Not using Japanese equities Japanese equities Increase Japanese equities Hold Japanese equities Decrease Japanese equities Not using Hong Kong equities Hong Kong equities Increase Hong Kong equities Hold Hong Kong equities Decrease Hong Kong equities Not using Asia-Pacific ex Japan ex China equities Asia-Pacific ex Japan ex China equities Increase Asia-Pacific ex Japan ex China equities Hold Asia-Pacific ex Japan ex China equities Decrease Asia-Pacific ex Japan ex China equities Not using Global emerging market equities Global emerging market equities Increase Global emerging market equities Hold Global emerging market equities Decrease Global emerging market equities Not using Frontier market equities Frontier market equities Increase Frontier market equities Hold Frontier market equities Decrease Frontier market equities Not using Global equity funds Global equity funds Increase Global equity funds Hold Global equity funds Decrease Global equity funds Not using Question Title Bonds Increase Hold Decrease Not using Dev mkt government bonds Dev mkt government bonds Increase Dev mkt government bonds Hold Dev mkt government bonds Decrease Dev mkt government bonds Not using Dev mkt corporate bonds Dev mkt corporate bonds Increase Dev mkt corporate bonds Hold Dev mkt corporate bonds Decrease Dev mkt corporate bonds Not using Dev mkt high-yield bonds Dev mkt high-yield bonds Increase Dev mkt high-yield bonds Hold Dev mkt high-yield bonds Decrease Dev mkt high-yield bonds Not using Emerging mkt govt bonds Emerging mkt govt bonds Increase Emerging mkt govt bonds Hold Emerging mkt govt bonds Decrease Emerging mkt govt bonds Not using Emerging mkt corp bonds Emerging mkt corp bonds Increase Emerging mkt corp bonds Hold Emerging mkt corp bonds Decrease Emerging mkt corp bonds Not using Asian bonds - G3 currencies Asian bonds - G3 currencies Increase Asian bonds - G3 currencies Hold Asian bonds - G3 currencies Decrease Asian bonds - G3 currencies Not using Asian bonds - Local currencies Asian bonds - Local currencies Increase Asian bonds - Local currencies Hold Asian bonds - Local currencies Decrease Asian bonds - Local currencies Not using Inflation-linked bonds Inflation-linked bonds Increase Inflation-linked bonds Hold Inflation-linked bonds Decrease Inflation-linked bonds Not using Convertible bonds Convertible bonds Increase Convertible bonds Hold Convertible bonds Decrease Convertible bonds Not using Unconstrained bond funds Unconstrained bond funds Increase Unconstrained bond funds Hold Unconstrained bond funds Decrease Unconstrained bond funds Not using Question Title Other Increase Hold Decrease Not using Property Property Increase Property Hold Property Decrease Property Not using Commodities ex gold Commodities ex gold Increase Commodities ex gold Hold Commodities ex gold Decrease Commodities ex gold Not using Gold Gold Increase Gold Hold Gold Decrease Gold Not using Private equity Private equity Increase Private equity Hold Private equity Decrease Private equity Not using Absolute return / hedge strategies Absolute return / hedge strategies Increase Absolute return / hedge strategies Hold Absolute return / hedge strategies Decrease Absolute return / hedge strategies Not using Multi-asset long-only / allocation funds Multi-asset long-only / allocation funds Increase Multi-asset long-only / allocation funds Hold Multi-asset long-only / allocation funds Decrease Multi-asset long-only / allocation funds Not using Index-tracking products Index-tracking products Increase Index-tracking products Hold Index-tracking products Decrease Index-tracking products Not using Cash Cash Increase Cash Hold Cash Decrease Cash Not using Next