AI 15: Rules and reforms put HK funds at crossroads

Hong Kong's mutual funds industry has come on in leaps and bounds over the past 20 years. Here Bruno Lee analyses its development, including the key introduction of the MPF pension system, and looks to its future. The full version of this article can be read in the May 2015 edition of AsianInvestor magazine.   In the 1990s a mutual fund was a security, rather removed from the general public in Hong Kong. The investor base was small and the channel to gain access was limited. …