GUM: The risk appetite for MPF investments is gradually increasing, with approximately HKD 3 billion flowing into equity funds in the past two months
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A report released by GUM, a Hong Kong Mandatory Provident Fund consultancy, shows that members' investment attitudes have gradually become more positive recently, with approximately HKD 3 billion flowing into equity funds over the past two months, mainly concentrated in U.S. and Hong Kong stock funds. By the end of August, the total assets of the Mandatory Provident Fund market rose to HKD 14.8 trillion, with a net inflow of HKD 2.02 billion into equity funds, while both mixed asset funds and low-risk assets experienced net outflows
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