French asset manager Amundi’s Hong Kong unit has launched four more index-tracking collective investment scheme funds for the Mandatory Provident Fund (MPF).
The new schemes are all US-focused UCITS exchange-traded funds. Amundi says they are designed to meet demand for diversified investment tools from MPF providers and asset managers.
“The launch of these funds is timely as the MPF market undergoes significant changes including the rollout of the eMPF platform and a heightened demand for competitive investment options,” the company says in a statement on April 9.
With the new offerings, Amundi now has 29 collective index-tracking investment scheme funds for the MPF.
The Mandatory Provident Fund Schemes Authority, the MPF industry’s supervisor, has approved 240 such funds, including the new ones from Amundi.
Established in 2000, the MPF had around HK$1.29 trillion (US$165.3 billion) of total assets as of end-2024.
Paris-based Amundi had around 2.2 trillion euros ($2.41 trillion) of assets at the end of last year.
