Francis Chung

6th July 2021 Significant loss overshadows record MPF earnings MPF Ratings’ June MPF Performance Survey has now been uploaded. Key points are as follows: MPF Ratings’ MPFR All Fund Performance Index gained 0.11% in June, 3.15% for the June quarter, and 4.47% for the first 6 months of 2021 (See Table 1), the 7th best […]

29th June 2021 Past 5 quarter results surprise MPF members Key points are as follows: MPF Ratings is forecasting the MPF system to produce positive MPF investment gains for the 2nd quarter of 2021; a 5th consecutive quarterly gain. Quarterly investment gains are expected to reach $43.204bn for the June quarter, an equivalent average investment

23rd June 2021 One Scheme Sponsor dominates MPF performance league table MPF Ratings’ May MPF Scheme Net Returns Summary is now available. Key points are as follows: All MPF schemes generated positive monthly investment performance in May 2021, but the dispersion between the best and worst was 1.6%, as the MPF industry generated a median

16th June 2021 MPF members continue to show confidence in equities MPF Ratings’ May MPF Asset Class Fund Flows Summary has now been uploaded to MPF Ratings’ media education portal. Key points are as follows: MPF saw $3.934bn in net inflows in May to reach an asset size of $1.216tr, an end of month all-time

3rd June 2021 Pandemic period sees average MPF balances grow by almost $75,000 MPF Ratings’ May MPF Performance Survey has now been uploaded. May MPF average return (as measured by the MPFR All Fund Performance Index) was 1.13%, the 12th positive month of returns since markets bottomed in March 2020 (See Table 1). 1.13% return

26th May 2021 MPF members chasing equity markets are the biggest losers Key points are as follows: The MPF system is expected to produce an estimated investment loss of -$5.664bn in May, an equivalent average investment loss of -$1,270 per member. Total MPF assets are expected to fall to $1.196tr. End of May average MPF

21st May 2021 MPF schemes produce positive returns in April but May maybe a different story MPF Ratings’ April MPF Scheme Net Returns Summary is now available. Key points are as follows: All schemes generated positive monthly investment performance in April 2021 as the industry generated a median gain of 2.1% (see table 1). April’s

13 May 2021 US equities receives biggest MPF inflows before Dow Jones has worst day since January MPF Ratings’ April MPF Asset Class Fund Flows Summary has now been uploaded to MPF Ratings’ media education portal. Key points are as follows: MPF attracted $4.784bn in net inflows in April to reach an asset size of

5 May 2021 Manulife and HSBC/Hang Seng biggest beneficiaries as MPF books another $24bn in earnings in April MPF Ratings’ April MPF Performance Survey has now been uploaded. Key points are as follows: April MPF system investment gains totaled $23.57bn equating to a 1mth return of 1.89% and an estimated average gain of $5,286 in

28 April 2021 10th positive return month in 12 pushes MPF account balances to all-time highs Key points are as follows: The MPF system is expected to produce an estimated investment gain of $28.90bn in April, an equivalent average gain of $6,482 per member, to reach an all-time record asset size of $1.20tr. Average MPF