More and more fund managers are setting up in Hong Kong, and the head of its regulatory authority, Martin Wheatley, wants to keep it that way. He and K C Chan, the territory's financial minister, were in London yesterday to promote the city as a financial hub and talk to managers relocating to the region. Here he answers Financial News' questions.

Financial News: You are in town to promote Hong Kong as a centre for asset management. Why should fund managers set up in the territory?