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Discretionary Account Management Services

In Hong Kong's asset and wealth management landscape, Victory is a leading integrated financial services provider offering Discretionary Account Management Services(DMS). Our services enable clients to entrust their portfolios to experienced professionals, with investment strategies tailored to individual risk profiles, financial objectives, and long-term goals.

  • Covers global investment opportunities across equities, bonds, funds, futures, options, IPOs and virtual assets.
  • The first in Hong Kong to offer comprehensive discretionary portfolio management for virtual assets, ensuring security, regulatory compliance and long-term value creation.
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Our Services

A Structured Approach to Sustainable Wealth Growth

Discretionary Portfolio Management is a professional investment management model designed for investors who seek a clearly defined investment strategy and prefer to delegate day-to-day trading decisions to specialists.
Once authorisation is granted, Victory's asset management team exercises discretion in portfolio execution, ensuring alignment with the client's long-term vision and risk tolerance. Our disciplined decision-making framework captures global opportunities across multiple asset classes:

Equities

Hong Kong, A-shares, and selected global equities

Virtual Assets

Discretionary management of cryptocurrencies such as Bitcoin

Futures & Options

Risk hedging through derivatives

IPOs

Subscription in IPO (Public offering and international placement)

Funds

Active funds and passive ETFs

Bonds

Investment-grade and emerging market bonds

Investment Philosophy

Global Macroeconomic Insights

Victory adheres to a rigorous and long-term sustainable asset management philosophy, focusing on high-certainty industries and premium enterprises with deep competitive advantages.

Leveraging our unique macro research framework, we conduct in-depth evaluations of business model replicability, sustainable growth potential, and management quality. This disciplined approach allows us to identify investment targets and execute trading timing that strictly align with our clients' needs.
Investment Selection Criteria
Proprietary evaluation frameworks
Research & Analysis
Integrated top-down and bottom-up research
Portfolio Construction
Strict risk controls and multi-strategy allocation to mitigate systemic risk
Asset Management Framework

Risk-Based Asset Allocation

Our asset allocation framework is built on proprietary risk management models, aiming to optimise risk-adjusted returns through disciplined portfolio construction:

Reducing portfolio volatility

Enhancing Sharpe ratios

Limiting maximum drawdowns

Our globally connected team dynamically manages portfolios across market cycles, focusing on long-term value creation rather than short-term market fluctuations.
Why Victory

We are committed to delivering consistent, risk-adjusted returns through disciplined strategies and efficient execution, offering clients a private banking–level investment experience.

  • A cross-border team with deep China and international market experience, including alternative and virtual assets.

Why Victory
Our Team
Our experienced investment professionals support clients in focusing on long-term wealth management and portfolio optimisation.
Mr. Sze possesses over 24 years of investment experience, with a specialized focus on thematic investments in A-shares and Hong Kong stocks.

Driven by his passion for investment research and deep understanding of the market, Mr. Shi has consistently sustained Victory Securities' outstanding performance, achieving remarkable annual growth in Assets Under Management (AUM).

Mr. Sze primarily invests by evaluating and selecting undervalued and reasonably priced companies listed on the A-share and Hong Kong stock markets. Through a multi-strategy approach, he identifies optimal arbitrage opportunities to capture stable returns.
Sze Tung
Director of Asset Management Department｜Member of Investment Decision Committee
With 20 years of distinguished investment leadership across Greater China, Mr. KL Chan is a premier fund manager renowned for expertly navigating the 2007–2009 financial crisis. His exceptional market acumen was further demonstrated in early 2021 when his fund achieved a top 1% performance ranking.

Operating at the vanguard of finance and technology, Mr. Chan leverages advanced computing and multi-dimensional data analysis to execute precise, risk-adjusted investments. His elite professional credentials include the CFA, FRM, and CAIA designations, supported by dual honors master's degrees: an MSc in E-Commerce and Internet Computing from HKU and an MBA from CUHK.

As a recognized financial authority, he frequently provides expert commentary to prominent media outlets such as Bloomberg and the Hong Kong Economic Journal, and has authored two acclaimed books on market strategy and investment mechanics.
KL Chan
Managing Partner and Chief Investment Officer of Victory Fund Series｜Member of Investment Decision Committee

Contact Us

Schedule a complimentary one-on-one consultation with our senior investment professionals. Define your financial objectives and explore discretionary portfolio management across virtual assets and global markets with confidence.