NCSSF tipped for expansion under PPF reforms

China’s social security investment council NCSSF will need to hire more external managers when it receives a fresh round of government mandates, AsianInvestor has been told. The expanded investment team would become necessary if the Chinese government goes ahead with plans to hand out Rmb2 trillion ($322 billion) in mandates under the country’s public pension fund reforms. Up to 20 external managers are expected to be needed to manage the National Council for Social Security Fun…