Month: February 2021

Feb 23 2021

Uncategorized

Hong Kong’s MPF pension managers consider investing more in China’s A shares after rule change

by News Desk

No Comments

Some 22 funds are discussing with the authority about including mainland-listed shares in their investment portfolios after the rule change in November, according to the Mandatory Provident Fund …

Feb 23 2021

Uncategorized

Allianz Asia Pension Report 2021:Unchanged reform needs after Covid-19

by News Desk

No Comments

Unchanged reform needs after Covid-19 During the pandemic-crisis, Asia fared better than most other regions – but lower income groups were hard hit Covid-19 will only very briefly interrupt the...

Feb 19 2021

Uncategorized

Convoy reports three years of financial losses as it seeks to move beyond scandal

by News Desk

No Comments

Convoy Group Holdings, the financial services company at the centre of Hong Kong’s biggest corporate scandal, reported it made annual losses in 2017, 2018 and 2019 on Thursday as costs...

Feb 18 2021

Uncategorized

TFL’s pension scheme invests millions in Chinese firms linked to genocide

by News Desk

No Comments

TRANSPORT for London’s pension fund invested millions in Chinese tech firms accused of facial recognition software to single out Uighur muslims. Pension details shows the transport network …

Feb 18 2021

Uncategorized

Insto roundup: EPF mulls $110m property sale; Florida pension puts $188m in Asia funds

by News Desk

No Comments

SWFs eye action on climate change; Westpac bank to sell life insurer unit; QBE names Sue Houghton as new CEO; Allianz to take full control of China insurance JV; Indonesia...

Feb 18 2021

Uncategorized

Global pension funds weather the storm of 2020

by News Desk

No Comments

Global institutional pension fund assets in the 22 largest major markets (the P22) continued to climb in 2020 despite the impact of the pandemic, rising 11% to $52.5 trillion at...

Feb 18 2021

Uncategorized

Global retirement assets to GDP ratio hits record 80% in 2020

by News Desk

No Comments

Total assets in the 22 largest major retirement markets reached a record 80% of GDP in 2020, up 11.2 percentage points for the year. The Thinking Ahead Institute’s latest Global...

Feb 17 2021

Uncategorized

Hong Kong Financial Services Sector to Work on Regtech, Trade Financing, Payments, Robo-Advisory Products with New Initiatives

by News Desk

No Comments

Hong Kong financial services sector to work on Regtech, trade financing, payments, robo-advisory products through new initiatives.

Feb 16 2021

Uncategorized

Hong Kong labour group urges finance chief Paul Chan to include HK$10,000 cash handout and creation of unemployment fund in next budget

by News Desk

No Comments

Confederation of Trade Unions urges finance minister Paul Chan to provide help for people out of work for more than six months, but he has already hinted there will be...

Feb 15 2021

Uncategorized

Y Intercept Hong Kong Ltd Invests $1.35 Million in Abiomed, Inc. (NASDAQ:ABMD)

by News Desk

No Comments

Y Intercept Hong Kong Ltd acquired a new position in shares of Abiomed, Inc. (NASDAQ:ABMD) in the 4th quarter, according to the company in its most recent 13F filing with...