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First China PPF mandates herald NCSSF diversification push

Christina Wang
The public pension fund scheme is set to see its investment scope widened to include private and foreign markets, as asset managers are about to receive their first equity allocations.
First China PPF mandates herald NCSSF diversification push

The National Council for Social Security Fund (NCSSF), which manages China's state pension assets, is poised to hand out the first equity mandates on behalf of the country's new public pension fund (PPF) scheme, reports state media.

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