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.
The council, which released growth and investment figures late last week, saw assets surge 27% to Rmb1.1 trillion – far outpacing 2010 and 2011 growth, notes Shanghai-based consultancy Z-Ben Advisors.
New sources of capital included a Rmb100 billion local pension fund mandate from G…
Sign In to Your Account
Access Exclusive AsianInvestor Content!
Please sign in to your subscription to unlock full access to our premium AI resources.
Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial—no registration fees required. Click the link to get started.
Note: This free trial is a one-time offer.
¬ Haymarket Media Limited. All rights reserved.