18th October 2021 Leading MPF commentator also warns MPF members over obsession with equities MPF Ratings’ September MPF Asset Class Fund Flows Summary has now been uploaded to MPF Ratings’ media education portal. Key points are as follows: MPF net inflows of $3.57bn (contributing to $10.47bn in net inflows for Q3 2021, and $34.65bn YTD) …

Will Canadian insurance giants’ dominance shake up Hong Kong’s MPF market? Read More »

6th October 2021 Widening local equity losses may prompt substantial changes in MPF member asset allocation MPF Ratings’ September MPF Performance Survey has now been uploaded. Key points are as follows: MPF Ratings’ MPFR All Fund Performance Index fell 2.74% in September and 4.11% for the September quarter (See Table 1), the largest 1-month and …

September’s biggest losers lead MPF to first quarterly loss in two years Read More »

28th September 2021 Concerns over China Evergrande Group issues impact MPF account holders Key points are as follows: Led by steep declines in HK and China equities and falls in all major asset classes in the month of September, the MPF system is expected to deliver a collective loss of approximately -$55bn for the September …

MPF members bracing themselves for significant losses Read More »

24th September 2021 MPF commentator releases latest MPF performance data MPF Ratings’ August MPF Scheme Net Returns Summary is now available. Key points are as follows: August’s MPF assets grew 1.19% to $1.201tr (See Table 1), an increase of $14.089 billion over 1-month. The year-to-date (YTD) growth of MPF assets was 5.4%. Average MPF account …

Performance differences and calm before the storm Read More »

15th September 2021 Leading MPF commentator strikes cautious tone as MPF members overlook defensive assets MPF Ratings’ August MPF Asset Class Fund Flows Summary has now been uploaded to MPF Ratings’ media education portal. Key points are as follows: MPF’s total assets increased 1.19% in August (from $1.187tr at end of July to $1.201tr), the …

US equities attracts historic levels of MPF assets Read More »

3rd September 2021 HK/China equities is MPF’s biggest loser MPF Ratings’ August MPF Performance Survey has now been uploaded. Key points are as follows: MPF Ratings’ MPFR All Fund Performance Index recorded a gain of 0.78% in August (See Table 1). HK & China Equity Funds produced August’s worst 1-month return as MPF Ratings’ MPFR …

All time record US and HK/China performance difference sees MPF members lose out Read More »

27th August 2021 Confidence in local equity markets remain despite falling into bear market territory MPF Ratings’ July MPF Asset Class Fund Flows Summary has now been uploaded to MPF Ratings’ media education portal. Key points are as follows: HK & China Equity Funds attracted a record 272% of MPF’s net inflows in July as …

Latest MPF data highlights desperation for better returns Read More »

5th August 2021 HSBC surprises market as small players show size is no barrier to lower costs Key points are as follows: MPF Ratings’ highlights key outcomes in a busy fee reporting period for MPF schemes. 13 out of 27 MPF schemes announced updated Fund Expense Ratios (FER) in Q2 2021 with 67 constituent funds …

Busy MPF reporting season raises questions Read More »

4th August 2021 Biggest MPF loss since pandemic recovery MPF Ratings’ July MPF Performance Survey has now been uploaded. Key points are as follows: • MPF Ratings’ MPFR All Fund Performance Index recorded a loss of -2.18% in July (See Table 1), as sharp July local equity losses wipe out year-to-date gains in Hong Kong …

Sharp decline wipes out 2021 Hong Kong equity gains Read More »

29th July 2021 MPF members brace themselves for significant losses Key points are as follows: MPF Ratings is expecting the MPF system to produce a significant loss for the month of July. The MPF system is expected to deliver a collective loss of approximately -$38bn for July, an equivalent average investment loss of -$8,400 per …

HSI nosedive sends MPF into a tailspin Read More »