Why China’s NCSSF may increase outsourcing
The public pension fund reserve saw AUM top Rmb1 trillion after a local government mandate and healthy returns. If it continues to diversify, it's expected to raise mandated assets.
China’s National Council for Social Security Fund could be set to increase third-party outsourcing after its assets under management broke the Rmb1 trillion ($163 billion) barrier for the first time.
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