AsianInvesterAsianInvesterAsianInvester

HKMA's Exchange Fund cuts risk assets on record investment losses

Shusi He
The worst global investment environment in 50 years has left the Exchange Fund with 'nowhere to hedge'. HKMA's chief executive said the fund plans to adopt a defensive position heading into 2023.
HKMA's Exchange Fund cuts risk assets on record investment losses

Hong Kong Monetary Authority's (HKMA) Exchange Fund has been trimming risky assets and raising deposit levels in its investment portfolio even as it tallied up three consecutive quarters of losses.

Sign in to read on!
Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to AsianInvestor

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.
If you are a senior professional at a large institutional asset owner, such as a sovereign wealth fund or pension fund, please contact [email protected] for further assistance.

Questions?
See here for more information on licences and prices, or contact [email protected]
¬ Haymarket Media Limited. All rights reserved.