HK Housing Authority issues RFP for multi-asset mandate
The $7.2 billion Hong Kong institution seeks a manager to run a portfolio of local equities and global fixed income.
The Hong Kong Housing Authority has issued a request for proposals (RFP) to fund management companies operating in the territory to pitch for a multi-asset mandate.
The size of the mandate was not announced in the HKHA’s criteria. The institution had $7.2 billion of assets as of 2009. The HKHA says its cash and investment balance over the next four years will be in the range of HK$59-62 billion; at present half is managed externally.
It is seeking a manager or set of managers to run a…
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