Property News · May 26, 2025

MPF fund managers told to gird for US holdings after Moody’s cut


Fund managers participating in Hong Kong’s US$167 billion Mandatory Provident Fund (MPF) scheme may be forced to sell part of their holdings of US government bonds after the country lost its triple-A grade from three of the biggest rating companies.
The Mandatory Provident Fund Schemes Authority (MPFA), the scheme’s regulator, has instructed MPF trustees and fund managers to prepare for a contingency plan if the last remaining credit agency downgrades the US government bonds.
“Recently, the MPFA…

Source : South China Morning Post
Read more…MPF fund managers told to gird for US holdings after Moody’s cut

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