Even as Hong Kong and Chinese equities underperformed in 2023 and uncertainties persist in the year ahead, the city's public pension scheme members are advised to watch its default investment strategy funds instead, which outperformed last year.
Tag : mandatory provident fund
Smaller trustees within Hong Kong’s public pension scheme believe the eMPF reform will push them as well as fund managers for better investment performance and services.
Hong Kong’s retirement fund industry has discussed streamlining the administration for managers and members since 2014. The eMPF platform planned for 2025 is set to resolve a major “pain point”.
A strong rebound in performance in November - likely to continue in December - could save the retirement scheme from experiencing the worst-performing year on record.
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Hong Kong’s Mandatory Provident Fund scheme gets three more investment options; Korea's National Pension Service reportedly has two frontrunners to head its investment operations; new report says asset owners around the world are passively invested in companies that might be involved in Uyghur Muslims repression in China’s Xinjiang region; and more.
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Extreme market conditions explain some, but not all, of the reasons for the sharpest contraction in Hong Kong’s retirement fund since 2008 - reforms are needed to the 22-year-old system.
Experts believe it’s the right time to gradually increase MPF exposure to Chinese government and policy bank bonds, while interest rates in China are expected to stay low.
Industry experts say it's about time the MPF embraced China government bonds as Lam announces sweeping reforms of the city's retirement fund
The new chair of the Mandatory Provident Fund Authority wants to usher in wider investment choices. While well-intentioned, they could create new risks, warn experts.
The head of Bank Consortium Trust says an automatic mechanism to determine levels of contribution to Hong Kong's Mandatory Pension Fund would solve several issues.
Financial services secretary KC Chan sees Shanghai's free economic zone as a boon for Hong Kong, while indicating that a private pension scheme to run alongside the city's MPF scheme would be welcome.
The index provider says its new products negate the need for managers to currency hedge to meet the Mandatory Provident Fund's 30% rule on minimum HK dollar assets.