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

Topic |   Hong Kong Monetary Authority (HKMA)
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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