Members of Hong Kong’s Mandatory Provident Fund scheme on average had assets of about HK$251,000 in their MPF accounts as of December 2020. Photo: Sun Yeung
Members of Hong Kong’s Mandatory Provident Fund scheme on average had assets of about HK$251,000 in their MPF accounts as of December 2020. Photo: Sun Yeung

Hong Kong’s pension fund chief promises to initiate reforms as MPF managers urge further easing of investment rules

  • Fund managers want to launch products that can invest in high yielding assets such as Chinese bonds, commodities or sector funds
  • The MPFA in November relaxed rules allowing MPF fund managers to invest in shares of Chinese companies listed in Shanghai and Shenzhen

Members of Hong Kong’s Mandatory Provident Fund scheme on average had assets of about HK$251,000 in their MPF accounts as of December 2020. Photo: Sun Yeung
Members of Hong Kong’s Mandatory Provident Fund scheme on average had assets of about HK$251,000 in their MPF accounts as of December 2020. Photo: Sun Yeung
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