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 : z-ben advisors
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.
Consultancy Z-Ben Advisors lists the fund houses it believes were the biggest winners and losers in 2012. Eyes will be on equities this year, with MMFs and bond funds under threat.
AUM rises 30% in 2012 after an A-share rebound and contrived flows into money-market funds. Industry assets could surge to a new high, with equity managers in line to benefit.
