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  • August 21, 2014
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Results 1 - 10 of 11 for mpf

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  1. MPF returns down on European turmoil

    Posted Jan 05th 2011, 12:00am by Enoch Yiu

    ... that was much better than the 25.99 per cent of loss in 2008 when the global financial crisis hit local pension funds hard. Eric Wong, head of research for Lipper's Hong Kong region, said the MPF ... will support the MPF this year.' Stock markets worldwide would be boosted by good corporate earnings, Wong said, but the risk factors would be the government bond market as European sovereign ...

  2. MPF average returns 27.3pc since launch

    Posted Jan 08th 2010, 12:00am by Enoch Yiu

    ... different risk and performance targets,' said Mark Konyn, the chief executive of RCM Asia Pacific. 'Despite the rather volatile conditions at different times since the MPF was introduced, ... investors will need to consider their strategies carefully within the MPF system.' The MPF, which covers 2.5 million employees with combined pension assets of more than HK$300 billion, ...

  3. MPF reports strongest annual growth on record

    Posted Jan 07th 2010, 12:00am by Enoch Yiu

    ... company. That was the best performance since the scheme began in December 2000, although fund managers said the recovery came from a low base. Stock funds, which make up 25 per cent of all MPF ... funds lose 26 per cent of their value. MPF stock funds were worst hit, falling 44.9 per cent. 'The investment return last year was wonderful but one has to understand it was a recovery from ...

  4. MPF records second-best quarter since its inception

    Posted Oct 08th 2009, 12:00am by Enoch Yiu

    ... of stock markets around the world. Mark Konyn, the chief executive of RCM Asia Pacific, said this year would be one of the best for the MPF even though there were concerns about a pullback ... in equities globally has supported MPF investments in the third quarter despite the temporary pullback experienced in August, particularly in China.' He said the outlook would depend ...

  5. MPF funds make record gains as stocks post best month in 10 years

    Posted Jun 12th 2009, 12:00am by Nick Westra

    ... Hong Kong MPF funds rose 7.83 per cent on average in May for the largest gain since the savings scheme was initiated in 2000, according to Lipper data. Equity funds led the way, surging 12.44 ... gains, Mr Wong said. MPF funds were under pressure last year during the market collapse, and equity MPF funds are still down nearly 40 per cent on average since October 2007, according to Lipper. ...

  6. MPF suffers 4.47pc loss in January

    Posted Feb 21st 2009, 12:00am by Staff Reporter

    ... in a report. The losses in January meant the MPF has recorded average negative returns every month, except December, since April last year. The pension fund lost 26.02 per cent last year amid ... economy. Mr Wong said the MPF slipped into the red again in January largely due to global equity markets resuming their downward trend on a series of poor economic and corporate earnings news. ...

  7. Europe's woes hurt HK retirement funds

    Posted Jul 07th 2010, 12:00am by Enoch Yiu

    ... bounce back of a 25.8 per cent return, the best performance on record. The worst half-year performance for MPF funds was in the second half of 2008, with a loss of 19.6 per cent during the deepest part of the financial crisis. Stock funds, which make up 25 per cent of all MPF assets, were the worst performers with average losses of 8.13 per cent in the first half, compared ...

  8. Union claims wages victory for cleaners

    Posted Mar 30th 2010, 12:00am by Staff Reporter

    ... Provident Fund (MPF) contributions, amounting to some $5 million.' Gainway Cleaning was contracted by Kai Shing Management- a subsidiary of Sun Hung Kai Properties- to clean shopping malls ... it repeatedly failed to pay workers and make MPF contributions. Earlier this month, the High Court ordered it to pay the Mandatory Provident Fund Scheme Authority (MPFA) about HK$2.88 million ...

  9. Lenders pin growth hopes on premiums, fee-based income

    Posted Jul 29th 2004, 12:00am by Staff Reporter

    ... treasury functions, MPF services and company secretarial services and other cross-selling efforts,' he said. However, it remains to be seen whether growth in the sector would be sustainable, ...

  10. Diary

    Posted Nov 08th 2003, 12:00am by Staff Reporter

    ... will speak. Call Linna Leung on 2869 6536. Tuesday, Nov 18, HK: The Hong Kong Institute of Company Secretaries organises a seminar entitled: 'MPF Schemes Ordinance Update in a Post-Legislative ...




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