Hong Kong Monetary Authority Investment Portfolio
| Hong Kong (China) | See table | Origin: Non-Commodity |
|---|---|---|
Profile Directories |
Established: 1993 Transparency Rating: 8  View SWFI Direct Transaction DataSWFI ID: 213A1000000001 |
Entity Structure: Fund Pop Est.: 7.18 million – 2013 HK Wealth Per Capita Est.: $55,738 |
Fund DetailsMain Office55th Floor Two International Other Offices[ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ] Governance[ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ] |
SummaryThe Exchange Fund was established in 1935. In April 1993, the Hong Kong Monetary Authority (HKMA) was created after the merger of the Office of the Exchange Fund and the Office of the Commissioner of Banking. The HKMA manages the Exchange Fund. The Exchange Fund acts as a stabilizer and invests primarily in its local exchange, the Hang Seng. All Exchange Fund assets can be used to support the Hong Kong dollar exchange rate. The Exchange Fund uses global external managers to administer about one third of its total assets, including all of its equity portfolios and other specialized assets. Background[ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ] Historical Assets Under Management – Exchange Fund[ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ] |
