Related News
National pension fund has scope for greater PE exposure
By Louise Ho |
March 28, 2012, Wednesday
|
Online Edition
Online Edition
NEARLY 2 percent of the national pension fund's total assets have been invested in private equity by the end of last year, and there is room for more private equity investment, Wang Zhongmin, vice chairman of the National Council for Social Security Fund said today.
Speaking at a financial conference, he said the percentage of investment in private equity is still much lower than the 10 percent it is allowed, which means the NCSSF has room left for investment in private equity. NCSSF manages the national social security fund.
Wang did not reveal the number of investments made in private equity until last year, but said he was satisfied with the return from investment in this asset class.
The NCSSF has been seeking ways to boost returns for the national pension fund from private equity investment. In June last year, Wang said the fund would inject 10 billion yuan (US$1.6 billion) into 11 domestic private equity firms.
The national social security fund has more than 857 billion yuan in assets and has an annualized return of 9.17 percent since it was launched in 2000, according to the NCSSF.
Speaking at a financial conference, he said the percentage of investment in private equity is still much lower than the 10 percent it is allowed, which means the NCSSF has room left for investment in private equity. NCSSF manages the national social security fund.
Wang did not reveal the number of investments made in private equity until last year, but said he was satisfied with the return from investment in this asset class.
The NCSSF has been seeking ways to boost returns for the national pension fund from private equity investment. In June last year, Wang said the fund would inject 10 billion yuan (US$1.6 billion) into 11 domestic private equity firms.
The national social security fund has more than 857 billion yuan in assets and has an annualized return of 9.17 percent since it was launched in 2000, according to the NCSSF.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
