Money Fund

MPF back on track after rebound

The stock market rally at the start of this year helped the city's pension fund turn around in January to record one of its best months after a disastrous year.

Friday, 3 February, 2012, 12:00am

Fidelity cuts fees for MPF products

Competition hots up as managers fend off flak

Competition in Hong Kong's HK$229 billion Mandatory Provident Fund is heating up, with another major provider cutting fees in response to criticisms of overcharging.

10 Oct 2007 - 12:00am

Fund investments down 59pc

Hong Kong residents made a net investment of US$253.1 million in funds in August - 59.21 per cent less than July. Gross investment in funds was US$721.14 million in the month, according to the Hong Kong Investment Funds Association. Guaranteed funds were the most popular with net inflows of US$236.37 million.

11 Oct 2001 - 12:00am

Monthly outflows surge as gloomy investors cash out

Hong Kong equity-investment funds in August saw the heaviest levels of redemptions so far this year, as increasingly pessimistic investors took the Government's market intervention as an opportunity to cash out.

8 Oct 1998 - 12:00am

Banks a double-edged sword for fund sales

Are you university educated, white collar and earning more than $15,000 a month? Then you are likely to be actively involved in the stock market or investment funds.

The problem for the financial services industry is that there are simply not enough of your type.

27 Jun 1996 - 12:00am

How to profit without taxing your brain

MOST of us have, or shortly will, receive our 1993 tax assessment from the Inland Revenue Department. And as usual there is nothing like the tax demand to focus the brain into planning how to pay the bill.

While some may use their bonus to pay their tax, others prefer to set aside 15 per cent of their salary each month to build up a capital sum.

14 Nov 1993 - 12:00am