Hong Kong’s Mandatory Pension Scheme covers 4.5 million people in the city. Photo: Felix Wong
Hong Kong’s Mandatory Pension Scheme covers 4.5 million people in the city. Photo: Felix Wong

Hong Kong’s pension scheme heads for first loss since 2018, prompting fund managers to seek wider investment scope

  • The 400 investment funds under the MPF scheme lost HK$14.8 billion (US$1.9 billion) in the first 11 months of 2021, according to the data provider MPF Ratings
  • The pension of each of the city’s 4.5 million MPF members shrank by about HK$3,288 during the period

Topic |   Mandatory Provident Fund (MPF)
Hong Kong’s Mandatory Pension Scheme covers 4.5 million people in the city. Photo: Felix Wong
Hong Kong’s Mandatory Pension Scheme covers 4.5 million people in the city. Photo: Felix Wong
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