MPF to see M&A in wake of new law
The move to allow Employee Choice Arrangement in Hong Kong's Mandatory Provident Fund scheme is expected to drive down fees and cause smaller trustees to exit.
.jpg&c=1&h=677&q=100&v=20253522&w=1204)
Funds industry figures have welcomed last week’s move by Hong Kong’s Legislative Council to pass amendments to the city’s Mandatory Provident Fund scheme, but concerns remain over the potential impact.
Sign in to read on!
Registered users get 2 free articles in 30 days.
Subscribers have full unlimited access to AsianInvestor
Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.
¬ Haymarket Media Limited. All rights reserved.