EVENT RECORD · INSTITUTIONAL SUMMIT
On 29 May 2025, FGI Group Holdings and Fosun Asset Management (FAM) jointly hosted the China–Portugal Foresight Summit in Hong Kong, China, alongside the global launch of FUTURE II. The summit brought together participants from the financial, policy and investment sectors in China and Portugal for in-depth discussions on global asset allocation trends and emerging investment strategies in Portugal.
Jointly hosted by FGI Group Holdings and Fosun Asset Management, with the global launch of FUTURE II taking place during the summit. A FUTURE I celebration dinner and awards ceremony was held on the preceding evening.
The programme covered Portugal’s macroeconomic and investment environment, qualifying fund investment routes associated with the Portuguese Golden Visa programme, and the investment rationale and global allocation role of FUTURE II.
The following guests attended and spoke at the summit. Their attendance is recorded solely as a factual account of the event and does not constitute an endorsement of any product or service.
Former chairman and chief executive officer of the Portuguese Trade & Investment Agency (AICEP). He delivered a keynote address at the summit on Portugal’s position as the gateway to the “West Coast of Europe” and on China–Portugal economic and trade relations.
A representative of Fosun Group attended the summit and witnessed the global launch of FUTURE II.
A representative of Fosun Asset Management (FAM) attended and addressed the summit, reviewing the operating results of FUTURE I. During the foresight forum, the representative also summarised the “change and continuity” underpinning the investment philosophy of FUTURE II. The views expressed by guests do not constitute a promise or guarantee of returns.
Founder and chairman of FGI Group Holdings. He delivered remarks at the global launch ceremony for FUTURE II and joined the guests in presiding over the launch and ribbon-cutting ceremony.
Director and chief financial officer of FGI Group Holdings, and head of Future Asset Management.
General manager of the Macau Branch of Millennium BCP. At the summit, he presented an analysis of Portugal’s macroeconomic environment and banking-sector landscape.
Executive director and head of fund investments at FGI Capital. During the foresight forum, she presented FGI Capital’s licensed European management platform and investment management capabilities.
Under the theme “Shaping the Landscape”, the summit explored how participants may anticipate policy developments and navigate global asset allocation, using Portugal as a vantage point from which to consider structural trends across the European Union and the wider global economy. The event brought together participants from the financial, policy and investment sectors in China and Portugal, alongside representatives from banking, insurance, migration industry associations and international distribution partners.
A representative of Fosun Asset Management (FAM), acting as a representative of the underlying asset investment party, reviewed the progress of FUTURE I since its launch in Macau and shared expectations for the launch of FUTURE II.
Filipe Santos Costa, former chairman of AICEP, opened his address with a greeting in Mandarin before discussing the longstanding relationship between China and Portugal. He noted that Portugal, as a Member State of the European Union and a founding member of both the euro area and the Schengen Area, serves as an important gateway to European markets. He also observed that 2024 marked the 45th anniversary of diplomatic relations between China and Portugal. In discussing Portugal’s investment environment, he cited international rankings indicating that Portugal ranked seventh in the 2024 Global Peace Index, placing it among Europe’s safest countries, and seventh in the 2024 European Investment Monitor as a European destination for foreign investment.
A central moment of the summit was the global presentation and ribbon-cutting ceremony for FUTURE II. Dr Wu Mingqi, founder and chief executive officer of FGI Group Holdings, delivered remarks before joining participating guests to commence the launch ceremony. Following the countdown, FUTURE II was formally unveiled, marking a new phase in the collaboration between FGI and Fosun Asset Management in Portugal’s fund sector and broadening the range of solutions available for consideration by eligible investors.
Constantino Mousinho, general manager of the Macau Branch of Millennium BCP, cited official data when discussing the fundamentals of the Portuguese economy. According to the indicators presented, Portugal’s real GDP grew by 1.9% in 2024, outperforming the euro-area average for a third consecutive year. Unemployment remained at 6.4%, substantially below the 17.1% peak recorded in 2013. Public-finance indicators also continued to improve, with a government budget surplus equivalent to 0.7% of GDP in 2024 and public debt declining to 95% of GDP.
The foresight forum brought together four participants to discuss the positioning of FUTURE II within a global allocation framework and the potential relationship between assets with defensive characteristics and investment routes associated with the Portuguese Golden Visa programme. Carolina Welsh, executive director and head of fund investments at FGI Capital, presented the governance framework and investment management capabilities of FGI Capital as a regulated European management company. A representative of Fosun Asset Management (FAM) summarised the FUTURE II approach through the concepts of “continuity and evolution”. Continuity referred to the objective of seeking income stability and cost-efficient management while continuing to identify quality European assets; evolution referred to the continued expansion of the investment universe and perspective. These statements reflect the views expressed by forum participants and do not constitute any promise or guarantee of returns.
The summit concluded with the presentation of FUTURE II authorisation certificates to participating partners, recognising their contributions and the continuation of long-term institutional cooperation between the parties.
On the evening before the summit, the organisers hosted a FUTURE I celebration dinner, bringing together organisations from the migration sector to review the development of FUTURE I since its launch in Macau. The programme also included an awards ceremony recognising the contributions of selected partners.
The “Future · Shaping the Landscape” China–Portugal Foresight Summit presented the professional framework and market participation associated with the FUTURE project, while offering multiple perspectives on global asset allocation. Following the launch of FUTURE II, FGI and its partners intend to continue deepening professional and institutional dialogue between China and Portugal.
The content of this page does not constitute an offer, solicitation, investment recommendation or promise of returns. The participation of any guest does not represent an endorsement of any product or service. Fund investments involve risk, and the terms and characteristics of any product are governed exclusively by its formal legal documentation.