Consultant warns investors of underestimating risk
403 views · Published 9 March 2009 · 3:39 · Indexed 20 September 2026
Channel: South China Morning Post · 2009 · News & Politics
http://www.scmp.com/video According to Naomi Denning of Watson Wyatt Worldwide, Hong Kong's median return rate on pension funds in 2008 was minus 31.5 percent, which was the worst rate on record since 1983. Although the mainland's pension funds are not as developed compared to the West, she says the country's low equity content means the global financial crisis has had a less serious impact. The head on investment consulting at the global firm's Asia Pacific division recommends investors to continuously re-evaluate funds' strategies and risk tolerance, even in times of economic stability.
