18.12.2009 - China pension fund to raise overseas investment cap
From Reuters: China Investment Corp (CIC), the country's $300 billion sovereign wealth fund, has also stepped up activities in global financial markets this year, and the government in October resumed issuing quotas for overseas investment under the Qualified Domestic Institutional Investor (QDII) scheme. NSSF, the fund of last resort for China's patchwork of underfunded provincial pension schemes, has made an annual investment return of 8.98 percent on average since it was established in 2000......................................Full Article: Source
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