NSSF targets US$200bn

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CHINA - The National Social Security Fund (NSSF) aims to grow to US$200bn in assets under management (AuM) within the next five to ten years, said its chairman.

Xiang Huaicheng, speaking at the Credit Suisse Asian Investment Conference in Hong Kong, said the fund, which had AuM of $36.2bn at the end of 2006, was targeting an annual rate of return of about ...

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