Hong Kong Monetary Authority (HKMA) is planning to expand the portfolio of its Exchange Fund to increase its returns, Asia Asset reports. The fund, which oversees Hong Kong’s foreign exchange reserves, will inject more capital into its alternative investment vehicles.

The portfolio will be diversified into stocks and bonds of emerging markets, private equity funds and overseas property. The diversification will also include Yuan investments, such as equities and bonds in China, for which HKMA has already received approval from the People’s Bank of China and the China Securities Regulatory Commission.

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