The Labour Pension Fund is seeking locally incorporated managers to take on absolute return mandates to achieve a targeted 9% annual return. It sets a deadline of March 6.
China’s social security fund has reportedly issued eight onshore credit mandates. It may be hedging aggressive expansion, or it may preface renewed exposure to risk assets.
China’s social security fund issues its most flexible international mandates yet in four new categories, with specialist managers given a good chance of winning.