Exchange Fund (Hong Kong)
Native name | 香港外匯基金 |
|---|---|
| Industry | Sovereign wealth fund |
| Founded | 1935 |
| Headquarters | Hong Kong |
| AUM | US$514 billion (2024) |
| Parent | Hong Kong Monetary Authority |
The Exchange Fund of Hong Kong is the primary investment arm and de facto sovereign wealth fund of the Hong Kong Monetary Authority. First established in 1935 in order to provide backing to the issuance of Hong Kong dollar banknotes, over the years the role of the Fund has continually expanded to now include management of fiscal reserves, foreign currency reserves, real estate investments, and private equity.