HKMA exchange fund clocks 10-year high returns

Returns driven by strong global economy and financial markets

HKMA
The HKMA reported an investment return of $32.2 billion by its exchange fund in 2017

The Hong Kong Monetary Authority has reported a record-high investment return of HK$252 billion ($32.2 billion) by its exchange fund in 2017, nearly three times the return in 2016.

The exchange fund, which is used to back the Hong Kong dollar’s peg to the US dollar, recorded an investment return of 7.1% in 2017, the highest since the fund returned 11.8% in 2007.

The surge is driven by the “much better than expected” performance of the global economy and financial markets, Norman Chan, chief

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.