HK’s Future Fund could place more than 50% in alts

Established just over three years ago to boost the investment return on Hong Kong's fiscal reserves, the city's Future Fund looks set now to invest even more heavily in alternative assets. With about half of the fund's assets already placed in a portfolio that invests in such assets as international property and private equity, Financial Secretary Paul Chan outlined the fund's souped-up new strategy in his budget speech for Hong Kong on Wednesday (February 27).  Paul Chan …