#Latest news with #HongKongTrusteesAssociationBloomberg2 days agoBusinessBloombergHong Kong Pensions Plan to Cut Treasuries If US Loses AAA RatingHong Kong's pension fund managers have formed a preliminary plan to sell down their Treasury holdings within as soon as three months if the US loses its last recognized top credit rating, according to people familiar with the matter. Industry groups including the Hong Kong Investment Funds Association and the Hong Kong Trustees' Association discussed the proposal with the pensions regulator on Wednesday, the people said, asking not to be identified as the meeting was private.
Bloomberg2 days agoBusinessBloombergHong Kong Pensions Plan to Cut Treasuries If US Loses AAA RatingHong Kong's pension fund managers have formed a preliminary plan to sell down their Treasury holdings within as soon as three months if the US loses its last recognized top credit rating, according to people familiar with the matter. Industry groups including the Hong Kong Investment Funds Association and the Hong Kong Trustees' Association discussed the proposal with the pensions regulator on Wednesday, the people said, asking not to be identified as the meeting was private.
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