Hong Kong Pension Fund Hurt by China-US Trade Spat
Mandatory Provident Fund is down 0.26% for year despite strong January.
Mandatory Provident Fund is down 0.26% for year despite strong January.
The hedge fund magnate calls for negotiations between Washington and Beijing.
Shanghai, Chengdu developments to provide residential, commercial use.
Company to provide domestic investment products to institutional investors, and high net worth individuals.
Nine provinces have transferred a total of $66 billion to the national pension fund.
2050 pensioner-to-worker ratio will be 1:1.3, official says.
Plan is part of government effort to compensate for aging population.
New policies aim to improve economy’s long-term growth potential.
Chairman of $316.6 billion fund cites diversification as motivation for overseas assets.
Although the titanic pension fund is poised for 15% returns, geopolitical climate could create problems in Q4.
Average benefits surge to HK$154,000 in 2016 from HK$68,000 in 2006.
MSCI EM Index currently at 28.3% returns in 2017.
The oil sector gained with improving demand, although expectations for OPEC’s prospects of bringing down global production were reduced.
One-fifth of global investors intend to increase their allocation to private equity in emerging markets in 2017.
Emerging markets, activists funds post strong gains, while managed futures and large funds struggled.