Fruitful 2012 for fund
CHINA'S social security fund manager said yesterday its investment revenue was 64.5 billion yuan (US$10.2 billion) last year, with a realized rate of return on investment of 4.38 percent, a three-year high.
The fund's managed assets topped 1 trillion yuan for the first time at the end of 2012, up 27.5 percent from a year earlier, according to data from the National Council for Social Security Fund.
Last year, the security fund received central fiscal capital of 52.6 billion yuan, up 9 percent from 2011, the data showed.
The security fund said it also yielded a healthy investment return on Guangdong's urban resident pension fund, which was worth 100 billion yuan in 2012, without elaborating.
The fund's managed assets topped 1 trillion yuan for the first time at the end of 2012, up 27.5 percent from a year earlier, according to data from the National Council for Social Security Fund.
Last year, the security fund received central fiscal capital of 52.6 billion yuan, up 9 percent from 2011, the data showed.
The security fund said it also yielded a healthy investment return on Guangdong's urban resident pension fund, which was worth 100 billion yuan in 2012, without elaborating.
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