MPF rating: Net inflows of ESG funds as a percentage of total net inflows of MPF funds have increased to 5%.

date
13:48 03/06/2024
avatar
GMT Eight
Since the Gold Fund released the "Principles" in November 2021, the quarterly net inflow of ESG component funds from the strong pension fund has increased from 1% of the total net inflow of the strong pension fund to 5%.
The principles of sustainable investment applied to Trillions of MPF funds investment and risk management processes released by the Mandatory Provident Fund Schemes Authority (MPFA) assisted Trillions of MPF trustees in integrating ESG (Environmental, Social, and Governance) factors into the investment and risk management of Trillions of MPF funds. According to the research institution for Hong Kong's Mandatory Provident Fund, the "principles" of the MPFA have yielded results for members. Since the release of the "principles" in November 2021, quarterly net inflows of Trillions of MPF funds into ESG component funds have increased from 1% to 5% of the total net inflows of Trillions of MPF funds, with the total net inflows into ESG funds in the first quarter of this year increasing by about 4.8 times to approximately HK$714 million. The research institution for Hong Kong's Mandatory Provident Fund stated that since the announcement of the "principles" by the MPFA, the assets of Trillions of MPF's ESG funds have almost tripled, increasing from approximately HK$3.74 billion at the end of December 2021 to approximately HK$14.67 billion at the end of March 2022. ESG fund assets account for approximately 1.2% of the total assets of Trillions of MPF.