China social security fund picks 21 firms to manage assets reportedly topping $50 billion

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Pensions & Investments (12.12.2016) China’s National Council for Social Security Fund last week announced the selection of 21 local managers to oversee a first tranche of provincial pension fund assets being consolidated under the 1.91 trillion renminbi ($276 billion) National Social Security Fund’s umbrella to take advantage of the fund’s relatively sophisticated investment management capabilities.

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