Page
7.
It is noteworthy that a typical retirement
fund
portfolio has less than 25% of its assets in Hong dollars, and usually all physical offshore custodian accounts.
Kong
assets are
held
in
I think, though, that the proportion is increasing, it
certainly is for the Man Tramil Railury. With the Japanes wartet doing badly funds
(Mrs. Pamela Tan)
PAS (MA) 8 4.5.92
persión
being switched to the Hong Kong slich exchange. It must alss be bome in mind that there is very little Hong Kong government debt available for purchan and thus funds have no option but to look elsewhere to wivest that part of the portfolio which they put with high quality faced rate bonds The Hong Kong governments overall financial adusios for the ausport related projects firials of the view that there is a very sciable
demand for Hong Kong public sector debts usion funds.
pent
from
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с
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