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Lockheed Martin pension plan closing HK office

Joe Marsh
The $70 billion US fund is shutting its Asia branch after 12 years, following the exit of its regional private investment head and public equities team and amid China-US tensions.
Lockheed Martin pension plan closing HK office

The $70 billion pension fund of US aerospace company Lockheed Martin is closing its office in Hong Kong amid US-China tensions, bucking a rising trend for big institutional investors to set up or expand teams in Asia. 

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