BY LINGLING WEI
BEIJING?China's fast-growing national pension fund is considering investing in foreign private-equity funds, according to people familiar with the matter, as the world's second-largest economy continues to look for ways to broaden its overseas presence and boost returns on its vast reserves.
The National Social Security Fund, set up in 2000 with funding from China's central government, is trying to broaden its investments abroad. Currently, the pension fund?which is managed by a government entity called the National Social Security Council?can invest in foreign stocks and bonds.
An expansion of its investment mandate would need approval by ...
BY LINGLING WEI
BEIJING?China's fast-growing national pension fund is considering investing in foreign private-equity funds, according to people familiar with the matter, as the world's second-largest economy continues to look for ways to broaden its overseas presence and boost returns on its vast reserves.
The National Social Security Fund, set up in 2000 with funding from China's central government, is trying to broaden its investments abroad. Currently, the pension fund?which is managed by a government entity called the National Social Security Council?can invest in foreign stocks and bonds.
An expansion of its investment mandate would need approval by ...
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