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China’s NCSSF shrinks foreign exposure, reviews asset managers

Toby Yiu
The $291 billion state pension fund reduced its overseas allocation while increasing its roster of domestic asset managers last year, bucking a recent trend among Asian institutions.
China’s NCSSF shrinks foreign exposure, reviews asset managers

China’s National Council for Social Security Fund shrank its overseas allocation last year due to performance concerns, but at the same time added domestic external managers, in a move that bucks the trend among Asian institutional investors.

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