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  1. Business - Money - EQUITIES

    MPF loses money in January with forecasts for tough year ahead

    Posted Feb 06th 2014, 04:24am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com Average of 2.43pc lost by pension fund as US tapering causes capital outflows, hitting stocks MPF posts losses in January with tough year ahead The city's ... the city's 2.4 million employees, still managed to beat the Hang Seng Index, which fell 5.45 per cent during the month. The 456 investment funds under the MPF had returned 8.09 per cent last year. ...

    http://www.scmp.com/business/money/markets-investing/article/1421698/mpf-loses-money-january-forecasts-tough-year-ahead

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