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Sovereign Wealth Funds Briefing - Categorized | Financials, Market

National Social Security Fund (NSSF) to go to foreign FOFs

Posted on 16 September 2010

From Globaltimes.cn: The National Social Security Fund (NSSF) will for the first time, invest in the foreign Fund of Funds (FOF) at the end of 2010, and then start to directly invest in overseas equities, said Dai Xianglong, chairman of the National Council for Social Security Fund (SSF).
Investing in foreign FOFs will lower the risks for the NSSF, for it is not directly put into foreign stocks or debts, whose safety may be influenced by the international financial crisis……………………………………….Full Article: Source


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