NCSSF hires 21 managers for pension mandates
Four eligible firms have missed out in this first round of appointments by China’s state retirement fund under the country's public pension fund scheme.
China’s $276 billion state retirement fund has named 21 domestic fund houses as the first batch of managers for the new public pension fund (PPF) scheme.
Of the previously named list of eligible firms, four have missed out on this round of mandates: two fund firms (Chengsheng and Guotai Fund), one pension/annuities firm (Taiping Pension) and one brokerage (CICC).
As expected, the appointed firms are already running mandates for the National Social Security Fund (NSSF) and enterp…
Please sign in or register
for free access to 1 article per month from AsianInvestor’s content and archives of over 16,000 articles.
¬ Haymarket Media Limited. All rights reserved.