Hospital Authority scheme to expand FoHF platform

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HONG KONG - The US$3.7bn Hospital Authority Provident Fund Scheme is mulling the addition of a further fund of hedge fund provider to compliment its two existing fund of funds, which manage 5% of the defined contribution scheme's total assets.

Winnie Pao, executive director, said the fund was “looking into” adding more fund of funds, although a decision had not yet been made. “We will probably keep the percentage allocation at 5% but ...

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