National Social Security Fund

SCALE: National Social Security Fund to Oversee More Provincial Assets

A number of Chinese provincial governments have agreed to transport their basic pension funds to the National Council for Social Security Fund (NCSSF) in a bid to improve returns, enhance diversification and deal with the problems associated with an aging population. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to […]


SWFI First Read, February 21, 2017

SOURCES: China NSSF Has an Annual Average Investment Yield of 8.4% Since Inception China’s National Council for Social Security Fund (NSSF) has an annual average investment yield of 8.4% in the 16 years since it was founded. This is according to local Chinese news reports from an official of the organization. The news sources report […]


China’s NSSF Awards Mandates for PPF Scheme

China’s National Social Security Fund awarded a ton of mandates regarding its new public pension fund (PPF) scheme. The Asian public fund institutional investor plans to have more Chinese provincial assets under its watch, needing to dole out money to external fund managers. NSSF named some 21 domestic fund managers to its list. To see […]


National Council for Social Security Fund Awards Four Custodial Mandates

China’s National Council for Social Security Fund has awarded a number of mandates to custodial banks. The mandates are for the basic insurance pension fund. The four banks that won the mandate to be custodial banks for the basic insurance pension fund are: Bank of China, Industrial and Commercial Bank of China (ICBC), China Merchants […]


Lou Jiwei Becomes Chairman of NSSF

Lou Jiwei is not done serving his country. The former Finance Minister of China was named the fifth Chairman of the National Council for Social Security Fund (NSSF). Lou Jiwei replaces Xie Xuren, who was the Chair of NSSF since 2013. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to […]


Chinese Fund Managers to Get First Crack at Expanded NSSF Mandates

China’s National Council for Social Security Fund (NSSF) could be overseeing more retirement assets by the start of 2017. This would be a significant boost for the Asian asset management industry. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


China’s NSSF to Back Fund-of-Funds Vehicle

China’s National Council for Social Security Fund (NSSF) maintains a path of expanding assets into private market investments. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


Cogobuy Places Shares, SWF and Pensions Invest

Cogobuy Group is the biggest e-commerce platform serving China’s electronics manufacturing industry. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


Asian Public Fund May Use Blockchain in the Future

The blockchain industry has major ambitions to revolutionize various sub-industries of the financial services sector. Banks, asset managers and pensions are looking to reduce information technology costs will increasing operational efficiency. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


China’s NSSF Preps for Growth

China’s National Social Security Fund Council (NSSF) is looking to gear up operations. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


NSSF Could Manage a Larger Pool of Assets

Pension reform in China is coming. On March 28th, China’s State Council published rules to clarify the roles of its social security fund. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


SWFI First Read, March 17, 2016

Norway Lowers Key Policy Rate Down to 0.5% Norges Bank’s executive board decided to lower the key policy rate to 0.5% from 0.75%. According to a statement from the central bank’s governor Governor Øystein, ” Growth prospects for the Norwegian economy have weakened somewhat and inflation is expected to moderate further out. The Board has […]


China’s NSSF Backs Infrastructure Fund

China’s rapid urbanization can be viewed as a 2-way street. The trend is keeping China afloat and creating a stronger domestic economy. However, infrastructure is needed to keep up with pace. On November 25th, China’s National Social Security Fund (NSSF) agreed to commit 6 billion RMB (US$ 938 million) to an infrastructure fund. [ Content […]


China Construction Bank Forms JV Pension Unit

With a rapidly aging demographic and more wealth per capita, China is in need for pension services. China’s domestic banking industry is making a move into the potential lucrative industry of pension asset management. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


hong kong

Chinese Investment Banking Giant Set for HK IPO

After China’s extreme equity market volatility, Hong Kong initial public offerings are back on track. Investment banking giant China International Capital Corporation (CICC) is planning its IPO to occur next week, looking to raise approximately US$ 800 million. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


A $322 Billion Opportunity in China, Managers Wanted

China is undergoing a level of public pension reform. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


GAMECHANGER: Possibility of China’s NSSF to Manage More Local Pension Assets

China is making a few tweaks to its pension system to meet the demand of a rapidly aging demographic. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


NSSF

Second Province: Shandong Moves Retirement Fund to NSSF

China’s National Council for Social Security Fund (NSSF) just got slightly larger in terms of assets under management. China’s Shandong province, a province of just under 100 million people, has given a Rmb 100 billion (US$ 16.3 billion) mandate to NSSF to help augment investment returns. [ Content protected for Sovereign Wealth Fund Institute Standard […]


China Mobile Games and Entertainment Gets Investment Boost from China’s NCSSF

China Mobile Games and Entertainment Group Limited, a mobile gaming company, has announced a private placement of American depositary shares (ADS) at US$ 14.50 per ADS. Gross proceeds equated to US$ 16.4 million before deducting related expenses. Investor purchases were carried out by ICBC Credit Suisse Asset Management (International) Company Limited. Through this entity the […]


China’s NSSF Buys Private Placement Shares in GD Power Development Co Ltd

China’s National Social Security Fund (NSSF) will purchase 2 billion yuan (US$ 317.98 million) worth of A shares of common stock in GD Power Development Co Ltd in a private placement. The NSSF will purchase 50% of the company’s newly issued shares. The NSSF will have a 5.32% stake in the company, allowing the NSSF […]