Hong Kong pension funds to benchmark against FTSE

European managers have trumped their North American peers in the fight to use FTSE instead of MSCI as the benchmark for Hong Kong pension funds.
November 15, 2000

The Hong Kong Investment Fund Association (HKIFA) has decided to use the FTSE All World Index as a benchmark for managers of retirement funds under the city's incoming Mandatory Provident Fund (MPF) scheme, ruffling some North American managers in the rival MSCI camp.

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