Market Chatter: Hong Kong City Pension Fund Exploring Investments in Gold ETFs

MT Newswires Live03-03

Hong Kong's Mandatory Provident Fund Schemes Authority is exploring investments in gold exchange-traded funds amid the city's push to become a gold trading hub, The Standard reported Monday, citing the city pension fund's chairwoman, Ayesha Macpherson Lau.

The fund has already completed a review of investments in real estate investment trusts and may begin investing in REITs listed on the Shenzhen and Shanghai stock exchanges.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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