NCSSF picks managers for first PPF equity mandates
China's flagship retirement fund has selected the domestic asset managers to run the equity portion of the new Public Pension Fund scheme, reports state media.
The National Council for Social Security Fund (NCSSF), which oversees China’s public pension assets, has reportedly chosen the firms that will manage the Rmb15 billion ($2.23 billion) equity portfolio under the new Public Pension Fund (PPF) scheme.
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