The chair of the National Council for Social Security Fund of China said the fund must grasp investment opportunities in technology; Australian institutional investors commit $38 billion to UK's green energy transition; Hang Seng Investment Management takes over management of Hong Kong's largest exchange-traded fund from State Street Global Advisors; and more.
Tag : ncssf
The country's reform of its three-pillar pension system continues to see slow progress. Experts say developments should focus on the third pillar of individual pension schemes.
It is the first time the China pension fund has sought to hire external managers for overseas mandates since 2015. The mandates include its first mandate for responsible investing.
The former deputy chair of China's national pension fund proposes the return of an account-based structure in basic pension provision, but some pension experts are not convinced.
Outspoken and well-regarded Lou Jiwei has been replaced by another ex-ministry of finance official, Liu Wei. The reasons for the change remain unclear but policy continuity is expected.
IMF gains RQFII approval; India's unit-linked insurance plans set for revamp; GPIF seeks alts strategy consultants; NPS bullish on foreign equities; Poba seeks JVs for real estate investing, and more.
Australian report highlights superannuation industry flaws; CapitalLand acquires Ascendas, China doubles QFII quota limit; Korea's NPS sets up stewardship division, and more.
In a keynote speech, Li Keping, a director of the Chinese state pension fund, reflected on the long-term investment challenges facing the country and the need for reform.
China's state retirement fund manager is to receive more assets from Shanghai and Sichuan province. Detailed rules about a new central adjustment fund will also be released soon.
We are identifying 20 outstanding executives who are driving the region's pension funds forward. Today, we feature leaders from China's NCSSF and Malaysia's EPF.
China's state pension fund and self-regulating fund body welcomed the launch of the first funds of funds, but cautioned asset owners to use the vehicles for long-term diversification.
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.