Francis Chung

3rd March 2022 MPF expert urges members not to panic and remain invested MPF Ratings’ February MPF Performance Survey has now been uploaded. Key points are as follows: MPF’s collective investment loss totalled -$26bn in February, an average loss of -$5,700 for MPF’s 4.5m members, taking MPF’s year-to-date collective investment loss to -$61.2bn, or an […]

24th February 2022 US market enters correction territory compounding 2022’s difficult start Key points are as follows: MPF on track for losses exceeding -$35bn in February, taking 2022 year-to-date (YTD) losses to beyond -$70bn. The worst two month start during the pandemic period starting in 2020. On a per member basis, losses expected to be

17th February 2022 Members react to MPF’s worst start since 2016 MPF Ratings’ January MPF Asset Class Fund Flows Summary has now been uploaded to MPF Ratings’ media education portal. Key points are as follows: MPF’s January assets declined -$31.12bn or -2.63% a month on month basis to $1.151tr (See Table 1).  January 1-month net

8th February 2022 Volatility is expected to continue throughout 2022 MPF Ratings’ January MPF Performance Survey has now been uploaded. Key points are as follows: MPF collective investment losses in January totalled -$35.1bn in January, an average loss of -$7,700 for MPF’s 4.5m members. After factoring losses and MPF contributions, total MPF assets are expected

27th January 2022 Year of the Tiger expected to be highly volatile but members urged not to panic Key points are as follows: MPF collective investment losses are on track for a total loss -$28.3bn in January, an average loss of -$6,200 for MPF’s 4.5m members. After factoring in the expected losses and MPF contributions,

20 January 2022 Environmentally responsible MPF schemes recognized for the first time Key points are as follows: MPF Ratings’ annual MPF scheme ratings have now been published Two MPF schemes achieve Gold rating for 10 consecutive years An MPF Environmentally Responsible award is introduced for the first time reinforcing the MPF industry’s recent commitment to

14th January 2022 MPF experiences multi-year net inflows decline MPF Ratings’ December MPF Asset Class Fund Flows Summary has now been uploaded to MPF Ratings’ media education portal. Key points are as follows: MPF is forecasted to record annual net inflows of $46.87bn for 2021 (See Table 1), its lowest annual net inflows in 3

5th January 2022 Record local and US equity return differential impact MPF returns MPF Ratings’ December MPF Performance Survey has now been uploaded. Key points are as follows: The MPF system is forecasted to report a 2021 1-year investment loss of -$4.24bn, an equivalent average annual investment loss of -$800 per member. Investment loss will

23rd December 2021 Record local equity losses to send MPF spiraling to a 1st loss in 3 years Key points are as follows: MPF is expected to produce a December investment loss of -$10.06bn to take MPF’s collective annual investment loss to a forecasted -$24.85bn, equivalent to an average annual loss of -$5,400 for MPF’s

15th December 2021 MPF industry’s latest fund flow data shows MPF at a 3 year nadir MPF Ratings’ November MPF Asset Class Fund Flows Summary has now been uploaded to MPF Ratings’ media education portal. Key points are as follows: – MPF’s monthly assets fell $28.57bn or -2.39% in November to end the month at