China Everbright to receive investment mandate from NSSF
China Everbright (CEL), the Hong Kong-listed multi-platform asset manager backed by state-owned China Everbright Group, is set to receive a separate account mandate from the National Council for Social Security Fund (NSSF), China’s largest pension fund.
The agreement, which is yet to be finalized, would see NSSF allocate "tens of billions of renminbi" to CEL through a separately managed account, said James Pan, a member of CEL's management committee....
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