Hong Kong’s Mandatory Provident Fund (MPF) surpassed HKD1.5tr (USD192bn) in total assets for the first time at the end of September, reaching a record HKD1.53tr, according to provisional data from the MPF Schemes Authority. Equity and mixed-asset funds, which account for nearly 80% of total assets, posted average net returns of 18.8% and 10.6%, respectively, over the past year. The Core Accumulation Fund under the Default Investment Strategy achieved a 9.8% return for the sam

Hong Kong’s eMPF digital platform has processed nearly 600,000 instructions in its first year and is expected to reduce administrative...