Official support and collaboration with private capital are critical for sovereign wealth funds to succeed, the head of Hong Kong’s government-owned investment vehicle has said, as she spelled out strategies needed to deliver high returns.
At the inaugural Nusa Dua Forum organised by the South China Morning Post and Indonesia’s sovereign wealth fund Danantara in Bali on Friday, Hong Kong Investment Corporation (HKIC) CEO Clara Chan Ka-chai said that partnerships were key to its strong performance.
She was speaking at a panel discussion with Blue Pool Capital CEO Oliver Weisberg that was moderated by SCMP publisher Tammy Tam.
“For every dollar we invest, we bring in more than eight from international patient capital such as sovereign wealth funds, pension funds and universities,” Chan said.
The forum brought together 120 participants ranging from Indonesian and Hong Kong officials, sovereign fund operators, family office leaders and institutional investors in Bali, which is aiming to become a global financial centre.
The HKIC announced last week that it generated about HK$6.46 billion (US$824 million) in investment income in 2025, a 175 per cent year-on-year increase. It also reported a 14 per cent net internal rate of return.