Francis Chung

18 January 2023 Latest annual rating of MPF schemes yields surprising results Key points are as follows: MPF Ratings, Hong Kong’s leading provider of independent MPF research, views and opinions, latest annual MPF scheme ratings shows a widening quality gap between large and small MPF schemes. MPF Ratings’ Chairman, Francis Chung (叢川普), said the 2023 […]

29th December 2022 And it wasn’t eMPF Key points are as follows: As 2022 draws to a close, Francis Chung (叢川普), Chairman of MPF Ratings Ltd, Hong Kong’s independent provider of MPF research views and opinions today highlighted what his organization believes was the MPFA’s single most significant 2022 initiative, and shared why the initiative

5th December 2022 Despite the system’s rebound annual losses still total $190bn MPF Ratings’ November MPF Performance Survey has now been uploaded. Key points are as follows: Led by Hong Kong/China equity’s best monthly performance in MPF’s history, November saw MPF break several records as returns rebound strongly. While releasing its latest performance survey, MPF

24th November 2022 Latest estimated results reinforce key MPF member message Key points are as follows: MPF returns are rebounding strongly in November with an estimated aggregate investment gain at the time of writing of $69.9bn (or $15,300 per MPF’s 4.57m MPF members) reducing the system’s estimated year-to-date loss to -$213.7bn. After factoring in MPF

26th October 2022 Local equity performance is MPF’s key wealth factor Key points are as follows: MPF’s October estimated aggregate investment loss at the time of writing is approximately -$27bn (or -$5,900 per MPF’s 4.57m MPF members) taking the system’s estimated year-to-date loss to approximately -$286bn, or -$62,400 per MPF member. After factoring in MPF

17th October 2022 Inflow data suggests members expect further interest rate hikes MPF Ratings’ September quarter MPF Asset Class Fund Flows Summary has now been uploaded. Key points are as follows: As previously reported, MPF’s accumulated 2022 YTD loss is approximately -21.48% while total assets have fallen below the $1tr level to approximately $965bn. The

6th October 2022 September’s equities declines highlight the importance of diversification MPF Ratings’ September MPF Performance Survey has now been uploaded. Key points are as follows: Following a September MPF monthly investment loss of -$82.1 billion, MPF’s quarterly and year-to-date losses have ballooned to -$106.2 billion and -$258.9 billion respectively. Monthly, quarterly and Year-to-date paper