Hong Kong Monetary Authority Investment Portfolio
Country: Hong Kong
Established: 1998
US$ Billion: 163
Origin: Non-commodity
Transparency Rating: 7
Summary:
Established in October 1998, it is managed by the Hong Kong Monetary Authority (HKMA). 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.
The exchange fund can be broken into two parts:
Part 1: Backing Portfolio
The purpose of this portfolio is to hold US dollar denominated assets for the purpose of providing full backing for the Monetary Base of Hong Kong.
Part 2: Investment Portfolio
We consider this the sovereign wealth fund.
News and Updates
Location
Hong Kong
Website
Hong Kong Monetary Authority Site
Exchange Fund
1. All figures quoted are from official sources, or, where the institutions concerned do not issue statistics of their holdings, from other publicly available sources.
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