HAPFS targets China stocks and index investing

Hong Kong’s Hospital Authority Provident Fund Scheme (HAPFS) has HK$55 billion ($7.2 billion) under management and offers members a choice of six strategies with different risk profiles. Heman Wong is the institution’s executive director, responsible for overseeing investments and operations. Prior to joining the Hospital Authority in December 2007, he was treasurer of Hong Kong’s Mandatory Provident Fund Schemes Authority, where he managed the HK$5 billion working capital fund an…