China's NCSSF to diversify from domestic volatility
The $131 billion social security fund is expected to increase private equity investments and to look offshore after domestic market volatility reduced its 2010 returns to 4%.
Volatile market conditions took a toll on the domestic investments of China’s National Council for Social Security Fund (NCSSF) after it reported a 4.2% gain in 2010 compared to over 16% the year before.
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