Manulife Tops 1.1 Million MPF Accounts, 17.6% Share

How did Manulife become MPF’s biggest player?

Manulife’s employee benefits VP Stella Ng says MPF accounts hit 1.1 million by March, a 17.6% share managing nearly HK$66.5 billion; first-half returns were near zero, but young members can accumulate more units cheaply, she notes. Manulife eyes a Hang Seng Index fund as the MPFA and Hongkongers favour low-fee trackers.

Is the biggest always the best?

Market share doesn’t equal fund quality — judge plans on performance and fees. Compare Manulife against other trustees’ funds, including low-fee index options, rather than trusting the brand alone.