China’s NCSSF sees returns plunge, eyes new assets
The country's flagship state retirement fund saw its assets swell 6.7% to $300 billion despite posting a return of just 1.73% in 2016. Chairman Lou Jiwei set out its investment plans.
China’s biggest pension fund returned just 1.73% in 2016 amid lacklustre domestic stock markets and is looking to make substantial changes to its portfolio and strengthen its in-house capabilities.
Sign In to Your Account
Access Exclusive AsianInvestor Content!
Please sign in to your subscription to unlock full access to our premium AI resources.
Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial—no registration fees required. Click the link to get started.
Note: This free trial is a one-time offer.
¬ Haymarket Media Limited. All rights reserved.