Special Reports » OTHER REPORTS » ASIA

— Dr Mark Konyn,Allianz Global Investors

Both bottom-up and top-down pressure on Hong Kong’s Mandatory Provident Fund to improve performance has prompted fund managers to bring in third-party help. Henry Smith reports.

Increasing job mobility among contributors to Hong Kong’s Mandatory Provident Fund (MPF) is leading to bottom-up pressure on investment product providers to improve performance.

According to Dr Mark Konyn, chief executive officer of Allianz Global Investors in China’s Special Administrative Region, as MPF members change jobs, they are becoming more aware of the differential fund performance being delivered by asset managers.

— Chris Ryan, ING

As China’s state banks enter the fund management arena, it is up to the smaller managers to prove their worth with good, consistent performance and client support, writes Henry Smith.

China’s A-share market was premature in its negative reaction to government stock reform, as it will increase flexibility for foreign investors and restore market confidence, writes Tan Kong Yam.