Journal Call no. | HF5601.N43 |
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Author | Russell, Chris. |
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Article Title | Investment strategy for Hong Kong Retirement Schemes / Chris Russell. |
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Is Part Of | The Hong Kong accountant ; v.4, no.6, Nov/Dec 1993, p.82-83, illus. |
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Abstract | The investment objective of any retirement scheme is defined by the liabilities of that scheme. Many Hong Kong retirement schemes are "defined contribution" rather than "defined benefit" in nature and their liabilities can be difficult to establish because each member will have a different risk to reward ratio. But many of the factors involved in setting strategy for a defined contribution scheme will be common to those for a defined benefit scheme. |
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