Hong Kong Hospital Authority hands bond mandate to MFC

Following an RFP involving around 10 firms, Hong Kong's Hospital Authority Provident Fund Scheme awarded its first ever Hong Kong dollar bond mandate to MFC Global Investment Management, part of Canadian insurance group Manulife. Heman Wong, executive director of the $4.76 billion retirement fund, says a few of the 10 were short-listed for the final round of selection, but declined to reveal names for confidentiality reasons. As for why the institution put out the HK$682 million ($8…