Stock Market Declines, HKD 550 Million Shifts to Global Bonds; Mixed Asset Funds Record Seven Continuous Months of Outflows
Reading Time: 7 minutes GUM released the MPF Market Analysis Report July 2024 today. As of July 31, the total assets of the MPF market rose by 0.9% to HKD1.24…
GUM: August 2024 Outlook
Reading Time: 7 minutes August 2024 Outlook: United States-Neutral | Europe-Neutral | Japan-Slightly Negative | China-Neutral | Asia-NeutralMarket concerns about the US falling into a recession, with the market expecting…
GUM: MPF Equity Fund Index Ends 5-Month Winning Streak in July but Bond Funds Shine, Average Gain of HK$1,160 per Person
Reading Time: 8 minutes GUM announces the MPF performance of July today. The GUM MPF Equity Index Fund experienced a slight decline of 0.3% in July, ending a 5-month consecutive…