Enter the Dragon (year): Predictions for pension funds

The Year of the Rabbit turned out to be relatively good year for most pension funds in Asia. Several pension funds reported gains on their investment strategies as benign developments in public markets, especially in the US and more broadly in developed countries boosted asset values. That helped not just pension schemes like Hong Kong’s Mandatory Provident Fund (MPF), which relies exclusively on public market assets, but also others that had investments in private markets as we…