CHINA - The RMB 211.79bn (US$26.7bn) National Council for Social Security Fund (NCSSF) has selected Citigroup and Northern Trust to provide custody services for its overseas investments.
The Fund announced in June it would start investing in capital markets outside its domestic borders, and said it planned to invest a sum of between US$500m and $800m in equities by year end, with a...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
