The Mandatory Provident Fund, covering 2.5 million employees in the city, has recorded two consecutive months of losses. Photo: Bloomberg The Mandatory Provident Fund, covering 2.5 million employees in the city, has recorded two consecutive months of losses. Photo: Bloomberg
The Mandatory Provident Fund, covering 2.5 million employees in the city, has recorded two consecutive months of losses. Photo: Bloomberg

MPF drops for a second month, erases January gains

Retirement scheme's funds fail to build on last year's performance, with recent declines reflecting nervousness over global economy

Topic |   Mandatory Provident Fund (MPF)
The Mandatory Provident Fund, covering 2.5 million employees in the city, has recorded two consecutive months of losses. Photo: Bloomberg The Mandatory Provident Fund, covering 2.5 million employees in the city, has recorded two consecutive months of losses. Photo: Bloomberg
The Mandatory Provident Fund, covering 2.5 million employees in the city, has recorded two consecutive months of losses. Photo: Bloomberg
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