CHINA - The National Council for Social Security Fund revealed it would invest a record Y100bn (US$12.94) in 2007, including a considerable amount in domestic stock markets.
The decision follows China’s largest pension fund’s Y19.6bn profit last year, mostly due to high stock prices. However, the council said investment in equities would be capped at below 30% of tot...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
