Hong Kong Monetary Authority Diversifies into Yuan Assets
Posted on 06/24/2011
Across the globe, monetary authorities are diversifying into equities and different currency assets. Just recently, the Hong Kong Monetary Authority (HKMA) has started investing in fixed income and equities in the Chinese market. In November 2010, they were granted a Qualified Institutional Investor license. The HKMA manages an exchange fund which the majority is held […]
