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.
Tag : ncssf
Party secretary Dai Xianglong expects China's National Social Security Fund to more than quadruple assets by 2020. The market is forecasting it will outsource more to foreign firms.
Handing 30-50% of Chinese listed state-owned entities' equity to the country's National Social Security Fund would be too aggressive a move, says consultancy Z-Ben Advisors.
China's social security fund has named a dozen foreign fund houses to run the global mandates for which it invited pitches last year.
Some of the region's biggest social-security and pension funds convened in Sydney this week to discuss topics such as overseas investing and annuity provision.
