• Thu
  • Dec 18, 2014
  • Updated: 2:01pm

Collective Investment Scheme

Trigger-happy SFC's nuclear option

The Apex Horizon in Kwai Chung. Photo: Edward Wong

The famous American banker J.P. Morgan was once asked in a congressional hearing what he thought to be the foundation of finance. Is it profit or wealth, a congressman asked. "No, Sir," Morgan replied. "It is trust."

Thursday, 16 May, 2013, 3:53am 5 comments

Cash battle of the sexes

A study conducted by a fund manager shows men are more active accumulators of wealth than women.

Fidelity Worldwide Investment has published the Fidelity Men's Wealth Management Study, which examines Hong Kong men's investment behaviour and attitudes towards investment and retirement planning.

29 May 2012 - 12:00am

Investors bide their time

Hong Kong investors are well ahead of their counterparts in the region and are always considered bold in their decisions.

A survey by an international investment bank shows that Hong Kong investors are waiting for the right time to put their money in equities.

14 Feb 2012 - 12:00am

Bright spots in the gloom

Asia-Pacific property markets are languishing in the 'twilight zone' as financial woes in the United States and Europe weigh heavily on investor confidence - and the gloom is likely to continue this year.

This is according to an Emerging Trends in Real Estate report by PricewaterhouseCoopers (PwC) and the Urban Land Institute (ULI).

4 Jan 2012 - 12:00am

Investment-linked sales fall but prospects 'good'

Volatile conditions have caused sales of investment-linked insurance policies to slow in recent months but insurers still believe in the long-term growth of products linked with the performance of the market.

14 Nov 2011 - 12:00am

Market turmoil takes 10pc off MPF schemes

Global market turmoil has eroded the pensions of the city's 2.5 million employees, with each losing HK$1 for every HK$10 held in their Mandatory Provident Fund accounts in the first nine months of the year.

The 417 funds in the compulsory retirement scheme dropped 10.68 per cent, according to Lipper. During the same period, the Hang Seng Index fell about 24 per cent.

7 Oct 2011 - 12:00am

Corrections & clarifications

An article on February 19, 'China Overseas plans real estate finance fund', incorrectly stated that the new fund would buy projects from China Overseas Land & Investment, which would use the money to build more projects without bank borrowing. The developer sold projects to its first real estate fund, set up in March last year, but the second fund will buy projects from the market.

23 Feb 2011 - 12:00am

A bitter lesson in investor responsibility

The following is almost certain not to be a crowd pleaser, indeed it might be considered heartless. Yet some things need to be said, however unpopular they may be. The stark truth is that the government has no business getting involved in the rescue of Lehman Brothers minibond holders.

11 Oct 2008 - 12:00am

Ex-forex trader plays own investments safe

French banker takes his risks on rugby fields

You might think that a banker who has spent most of his career in trading rooms, starting with foreign exchange derivatives, would have a speculative bent when it comes to his own investments.

27 Apr 2008 - 12:00am

Foreign investors go onshore

A scarcity of mainland property assets held by offshore investors is forcing new foreign companies onshore to deal directly with mainland property owners, consultants say.

Demand for mainland property assets held offshore rose sharply from the middle of last year when regulatory controls over foreign investors buying real estate were tightened.

26 Mar 2008 - 12:00am

Voluntary contributions are on the rise

When assessing the status of the local MPF industry, Peter Crewe, managing director of AIA Pension and Trustee Company, can see clear signs that the market is starting to evolve. In the early days, it involved service providers and employers, but now the relationship between providers and individual members is taking on far greater importance.

13 Dec 2007 - 12:00am

Growth of wealth in Asia spurs vehicles

More funds are being set up to ensure financial and property assets are passed on to the next generation.

Private trusts have existed for hundreds of years and were traditionally used by the wealthy as a way of protecting shares, money, managed funds or property. But private trusts are no longer solely for the extremely wealthy.

23 Oct 2007 - 12:00am

Investors rush for QDII bandwagon

Frustrated in efforts to invest directly in Hong Kong's surging stocks through the much-delayed 'through-train' scheme, mainland investors are pouring cash into professional funds that can already buy shares here.

22 Oct 2007 - 12:00am

Funds show promise but have yet to deliver

Six months after its launch, many are starting to wonder if the 20 billion yuan Bohai Industrial Investment Fund - the mainland's first yuan-denominated private equity fund - will live up to its earlier promise.

8 Oct 2007 - 12:00am

Your money - Josephine Kwok

Age: 25

School: Queen Mary, University of London

Young Post: Do you have any investment experience?

Kwok: Yes, I had my first experience in the stock market four years ago at university.

I did my first degree in finance. Many of my friends invested in the stock market so I decided to give it a try.

27 Jun 2007 - 12:00am