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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration, Investment, Market

SSF may trim stock market holdings

Posted on 14 July 2009

From Chinadaily.com.cn: China’s national government pension fund, the Social Security Fund (SSF), may cut its stock investments in the second half despite that it made a 9.99-percent return on equity investments during January to June, analysts said.

SSF, which is estimated to have invested around 16 percent of its 660 billion yuan ($96.63 billlion) worth assets in stocks in the first half, may cut its share holding slightly as the market is expected to lose some of its growth momentum in the second half, they said………Full Article: Source


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