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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration

China NSSF hires fund managers to invest abroad

Posted on 10 June 2009

From Reuters: China’s National Social Security Fund (NSSF) is ready for a new round of investment in global capital markets as it has appointed a new set of foreign asset managers, including BNY Mellon Asset Management and Schroders, sources said on Tuesday.

The $80 billion NSSF awarded mandates to a group of international fund managers, which also includes Martin Currie and Fidelity Investments, and started doling out money in April, said the sources with direct knowledge of the matter……..Full Article: Source


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