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  • October 1, 2014
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Results 1 - 10 of 12 for mpf

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  1. Business - Money - INVESTMENT

    MPF reports disappointing returns in contrast to strong rally of Hang Seng Index

    Posted Aug 05th 2014, 04:52pm by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com MPF loses out to stock market with 1.3pc return The Mandatory Provident Fund reported a return of 1.3 per cent for last month, a dismal performance compared with the Hang Seng Index and given the rising inflation in the city. Last month's returns by the 447 investment funds under the MPF also happened to be lower than the 4.57 per cent average ...

    http://www.scmp.com/business/money/markets-investing/article/1566988/mpf-reports-disappointing-returns-contrast-strong
  2. Business - Money - INVESTMENT

    Interest grows in MPF yuan funds

    Posted Nov 18th 2013, 03:04pm by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com HK employees expect the rally in the mainland currency to boost returns from the funds but regulations likely to curb their performance Interest grows in MPF yuan funds Yuan-based MPF funds are catching on among Hongkongers even as they underperform other categories. Investors are optimistic the currency will continue to appreciate, lifting ...

    http://www.scmp.com/business/money/markets-investing/article/1359329/interest-grows-mpf-yuan-funds
  3. News - Hong Kong - INVESTMENT

    MPF providers hit back over proposal to cap fees

    Posted Oct 20th 2012, 12:00am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com Regulator's proposal to reduce costs for savers is criticised by retirement scheme providers, who say it could also limit investment choices MPF firms say ... concern providers were charging too much. A Consumer Council report said the average MPF fee of 1.74 per cent was higher than other markets with similar schemes, which generally charged only ...

    http://www.scmp.com/news/hong-kong/article/1065391/mpf-providers-hit-back-over-proposal-cap-fees
  4. Business - Money - INVESTMENT

    MPF funds make money across the board in May

    Posted Jun 07th 2014, 01:13am by Jeanny Yu

    ... Jeanny Yu and Ray Chan MPF funds make money across the board in May The Mandatory Provident Fund (MPF) reported good results last month, with all fund of funds reporting positive returns ... this year. Critics have been complaining about the 14-year-old compulsory retirement scheme, saying it imposes high fees for modest performance. The high fees and low returns of the MPF have led many ...

    http://www.scmp.com/business/money/markets-investing/article/1527026/mpf-funds-make-money-across-board-may
  5. Business - Money - INVESTMENT

    MPF drops for a second month, erases January gains

    Posted Apr 03rd 2013, 12:00am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com Retirement scheme's funds fail to build on last year's performance, with recent declines reflecting nervousness over global economy MPF loses money ... a good chunk of the 2.61 per cent gains in January. With the March performance, the first-quarter MPF returns stand at a modest 1.74 per cent. It follows strong gains averaging 12.07 per cent ...

    http://www.scmp.com/business/money/markets-investing/article/1205800/mpf-loses-money-second-month
  6. News - Hong Kong - INVESTMENT

    MPF fund fees vary wildly, savers warned

    Posted Oct 16th 2012, 12:00am by Thomas Chan, Dennis Chong

    ... Thomas Chan and Dennis Chong Similar funds charge differently, with even a 1 percentage point variation costing people dear MPF fund fees vary wildly, savers warned The management fees of some Mandatory Provident Funds are 26 times higher than others, a watchdog's survey shows. The Consumer Council found huge variations in management fees, with the MPF fund expense ratio ...

    http://www.scmp.com/news/hong-kong/article/1061945/mpf-fund-fees-vary-wildly-savers-warned
  7. Business - Money - INVESTMENT

    MPF back on track in third quarter thanks to QE3

    Posted Oct 05th 2012, 12:00am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com Retirement funds record an average 4.6pc return, bouncing back after loss, but they still fare worse than the Hang Sang Index MPF back on track in third quarter after qe3 kicks in The city's Mandatory Provident Fund (MPF) turned the corner in the third quarter, helped by monetary easing in the United States last month that boosted stock ...

    http://www.scmp.com/business/money/markets-investing/article/1054146/mpf-back-track-third-quarter-thanks-qe3
  8. News - Hong Kong - INVESTMENT

    Unions 'an option' to run MPF schemes

    Posted Nov 25th 2012, 12:00am by Gary Cheung, John Carney

    ... MPF schemes Mandatory provident fund schemes run by non-profit organisations could be an option to drive down management fees, the head of Hong Kong's pension fund regulator says. Anna Wu ... However, lawmakers and one of the city's largest private investment firms, Invesco, have reservations about the idea. Establishing non-profit-making operators as MPF trustees is one ...

    http://www.scmp.com/news/hong-kong/article/1090226/unions-option-run-mpf-schemes
  9. News - Hong Kong - INVESTMENT

    Warning over public trust role for Hong Kong's retirement scheme

    Posted Oct 21st 2012, 12:00am by JOHNNY TAM AND JENNIFER NGO

    ... for MPF The regulator of the Mandatory Provident Fund scheme is warning of problems if the government steps in to administer workers' retirement savings. The administration of Chief Executive Leung Chun-ying has not ruled out the possibility of taking up the role of public trustee for the fund, but MPF Schemes Authority chairwoman Anna Wu Hung-yuk said the move might not be welcomed. ...

    http://www.scmp.com/news/hong-kong/article/1066008/warning-over-public-trust-role-hong-kongs-retirement-scheme
  10. Business - Money - INVESTMENT

    Retirement funds outshine HSI but challenges ahead

    Posted Jan 06th 2014, 11:45am by Enoch Yiu

    ... returns in 2012, the performance was far better than the 2.6 per cent gain in the Hang Seng Index last year. Under the MPF scheme, which covers 2.4 million people in Hong Kong, employees can ... per cent loss. Mixed-asset funds, the most popular choice, returned 10.9 per cent on average. Mark Konyn, the chief executive of Cathay Conning Asset Management, said the MPF performed ...

    http://www.scmp.com/business/money/markets-investing/article/1398938/retirement-funds-outshine-hsi-challenges-ahead

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