The Hong Kong government has done the right thing, taking a strong stance to safeguard the interests of investors in Hong Kong, says the chairman of industry body Hong Kong Institute of Securities Dealers. Photo: AFP
The Hong Kong government has done the right thing, taking a strong stance to safeguard the interests of investors in Hong Kong, says the chairman of industry body Hong Kong Institute of Securities Dealers. Photo: AFP

Hong Kong’s Tracker Fund to resume investing in companies sanctioned by US following U-turn by manager State Street Global

  • Fund manager says it will remain consistent with its mission of providing investment results that closely correspond to the performance of the benchmark Hang Seng Index
  • U-turn comes after Carrie Lam and Joseph Yam, former CEO of HKMA, vowed on Tuesday to replace State Street Global as Tracker Fund’s manager

The Hong Kong government has done the right thing, taking a strong stance to safeguard the interests of investors in Hong Kong, says the chairman of industry body Hong Kong Institute of Securities Dealers. Photo: AFP
The Hong Kong government has done the right thing, taking a strong stance to safeguard the interests of investors in Hong Kong, says the chairman of industry body Hong Kong Institute of Securities Dealers. Photo: AFP
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