Exposure to renminbi assets is less than 15% for the fund dedicated to defending Hong Kong’s dollar peg. However, a fund executive cautions against missing out on a China rebound.
Tag : hong kong dollar
In partnership with HSBC Asset Management
Regional bonds offer great interest to investors and issuer alike. Hong Kong’s bond market offers a rare opportunity, said speakers at a webinar.
Is Hong Kong’s currency peg to the US dollar under threat? Perhaps not imminently, but concerns are rising among some investment industry executives.
In partnership with HSBC Asset Management
Geoffrey Lunt, senior product specialist for Asian fixed income at HSBC Global Asset Management, explains the role and benefits of Hong Kong dollar bonds, especially for domestic institutions.
In partnership with HSBC Asset Management
The backdrop for Hong Kong dollar bonds appears supportive for those investors seeking tried-and-tested assets to weather the uncertain macro outlook.
Global investors drive trading volumes after two Chinese fund houses introduce long-awaited HK dollar trading counters for their respective RQFII exchange-traded funds.
The move marks the institution's first Hong Kong dollar bond portfolio and the first time it has hired MFC Global Investment Management.
John Greenwood is largely credited for helping the Hong Kong government create the local currencyÆs peg to the US dollar in 1983.