HK Housing Society hungry for alts, eyes new areas
The organisation's head of treasury singles out hedge funds as an asset class gaining favour with investors and also offers some insight on how the HKHS selects external managers.
The Hong Kong Housing Society, which has a HK$32 billion ($4 billion) investment portfolio, wants to increase the share of alternatives in its investment portfolio.
That's according to its head of treasury, who spoke at an event on Monday organised by the Hong Kong Investment Funds Association on Monday and also to AsianInvestor on the sidelines.
“We are a firm believer in alternatives, especially given what has happened to [public] markets,” Alan Liu told the delegates present.…
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