01.04.2015 - Future Fund could double Hong Kong's alternative investments
The creation of Hong Kong’s Future Fund could free up HKD68bn (€8.17bn) of capital to be invested in global real estate markets, according to CBRE. The creation of the new sovereign wealth fund, due to be completed before the end of the year will “effectively double the size” of Hong Kong’s Long Term Growth Portfolio (LTGP) from HKD115bn to HKD225bn, CBRE said. The LTGP currently invests around 30% of its capital in global real estate assets. If the Future Fund was to invest a similar proportion of its capital, its real estate holdings could gradually increase to HKD68bn...............................................Full Article: Source
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