ChinaÆs SSF names overseas investment line-up
The long-awaited international mandates from ChinaÆs pension fund of last resort have been announced in Beijing.
National Council for Social Security Fund (SSF), ChinaÆs Rmb200 billion ($25.5 billion) pension fund of last resort, has announced the winners of its first batch of overseas investment mandates.For global fund houses, this is easily the most prestigious mandate in Asia ex-Japan to be had this year, and represents not just new business, but a massive boost in reputation and name recognition for managers hoping to do business with the mainlandÆs emerging coterie of institutional client…
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