Poor annual results show just how much MPF needs alternatives, say experts
Extreme market conditions explain some, but not all, of the reasons for the sharpest contraction in Hong Kong’s retirement fund since 2008 - reforms are needed to the 22-year-old system.
Amid some of the worst market conditions for more than a decade, Hong Kong’s fund industry has called for the introduction of new - and possibly riskier - asset classes that could provide better long-term risk-adjusted returns to the city’s retirement scheme.
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