Buoyant stock markets produced strong returns for pension fund managers in the three months leading up to the handover, a survey by benefit consultants' William M. Mercer has found.
The review of Hong Kong-based pension funds found the 19 funds produced an average return of 12.7 per cent.
The top performer, Paribus Asset Management, generated 17.1 per cent while the worst, Kleinwort Benson, came in at 8.9 per cent.
All the funds easily outpaced the SAR's 6.6 per cent inflation rate.
Pension funds are long-term investments, and trustees and scheme managers generally look at the three to five-year performance figures.
Over five years the best performing fund manager was Invesco, with an average annual return of 19.4 per cent, while the worst was Global Asset Management with 11.6 per cent.
