Month: March 2021

Tensions between China and the US sees MPF members lose money for the first time in 5 months

30 March 2021 But despite losses in March MPF account balances are expected to rise for a 4th consecutive quarter Key points are as follows: Average MPF member account balances are forecasted at around $258,700 in March, losing approximately $4,327 from February and recording a fall for the first time for 5 months. MPF system …

Tensions between China and the US sees MPF members lose money for the first time in 5 months Read More »

HSBC amongst MPF’s biggest winners as MPF assets once again hit an all-time high

17 March 2021 Despite market volatility MPF Scheme Sponsors achieve a 5th consecutive month of positive performance MPF Ratings’ February MPF Scheme Net Returns Summary is now available. Key points of the report are as follows: • YF Life (MASS Mandatory Provident Fund Scheme) and Allianz Global Investors MPF schemes produced the best monthly performances …

HSBC amongst MPF’s biggest winners as MPF assets once again hit an all-time high Read More »

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