July 2012 Vol. 17 No. 07
Pension funds head to equity market
Category: Asia, China
By Hui Ching-hoo
Authorities seek to calm concerns about heightened risk-reward profiles
China’s Ministry of Human Resources and Social Security (MHRSS) is attempting to ease concerns that a pilot scheme in which the National Council for Social Security Fund (NCSSF) will take control of 100 billion yuan (US$15.8 billion) of assets from Guangdong’s provincial basic retirement fund, in a bid to increase the funds overall returns, will prove excessively risky.
Log in below or
buy a subscription
to enjoy unlimited access to www.asiaasset.com's quickly growing 7,000 article database.
Please wait...