NSSF
Asia Pacific pension fund assets hit $3.7t
Assets held by the largest pension funds and sovereign wealth funds in Asia Pacific increased 7% year-on-year – outpacing the global growth rate of 6.1% - to $3.7 trillion in 2016 on the back of strong, though volatile, equities markets.
China’s NSSF sees returns plunge in 2016
China’s National Council for Social Security Fund (NSSF), the largest pension fund in the country, saw its investment return decline to 1.73% in 2016 from 15.19% the previous year, largely due to losses on fixed income products.
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.
China’s NSSF posts 15.2% investment return for 2015
China’s National Council for Social Security Fund (NSSF) generated an investment return of 15.19% last year, up from 11.69% in 2014.
China Communications, NSSF set up infrastructure fund
China Communications Construction Company (CCCC) and the National Council for Social Security Fund (NSSF) have established a RMB15 billion ($2.3 billion) infrastructure fund.
NSSF joins funding round for Alibaba’s Ant Financial
The National Council for Social Security Fund (NSSF) has participated in a funding round for Alibaba Group’s internet finance affiliate – Ant Financial Services – that is said to value the business at more than $40 billion.
China's NSSF posts 11.7% investment return for 2014
China’s National Council for Social Security Fund (NSSF) generated an investment return of 11.69% in 2014, up from 6.2% the previous year.
China's NSSF and offshore PE: Still theory, no practice
Regulations proposed by the government for China’s National Social Security Fund include a provision that suggests the pension fund could invest in offshore private equity. But how soon?
China’s NSSF investment return 6.2% in 2013
China’s National Social Security Fund (NSSF) reported a 6.2% investment return last year, down from 7% in 2012.
NSSF, Temasek, Qatar participate in CITIC Pacific share sale
China's National Social Security Fund (NSSF) and sovereign wealth funds Temasek Holdings and Qatar Holdings are contributing to the HK$39.5 billion ($5.1 billion) Hong Kong-listed CITIC Pacific requires to buy its state-owned parent.
China’s NSSF joins cornerstones for Poly Culture IPO
China’s National Council for Social Security Fund (NSSF) will commit about $19.8 million as a cornerstone investor in Poly Culture’s HK$2.57 billion ($331 million) Hong Kong IPO.
China’s NSSF invests in US-listed mobile games developer
The National Council for Social Security Fund (NSSF), China's state pension fund, has invested $15 million in China Mobile Games and Entertainment Group (CMGE), a US-listed mobile games operator.
China’s Jiuding committed to pre-IPO strategy
China pre-IPO specialist Kunwu Jiuding Capital will not change its strategy despite a slump in listings - and exit multiples - before domestic regulators slammed the door on new share offerings completely towards the end of last year.
China’s SOEs asked to transfer capital gains to NSSF
China's state-owned enterprises (SOEs) should transfer their capital gains and ownership shares to the National Social Security Fund (NSSF), according to the fund's Communist Party representative.
NSSF assets tipped to reach $806b by 2020
China's National Council for Social Security Fund (NSSF) will see its assets swell to as much as RMB5 trillion ($806 billion) by 2020, driven by contributions from state-owned enterprises (SOEs), according to the fund's former chairman.
China’s NSSF assets top $178b in 2012
China’s National Council for Social Security Fund (NSSF) reported a 7% investment return in 2012, its best performance in three years, as total assets under management topped RMB1 trillion ($178 billion) for the first time.
Asia has more than one third of global sovereign assets – study
Asia accounts for 39% of the $5.2 trillion in sovereign wealth fund (SWF) assets globally, with China alone holding $1.49 trillion, according to a new study.
NSSF nears $3.6b private equity investments
The National Council for Social Security Fund (NSSF) announced that it had committed RMB22.6 billion ($3.6 billion) to 16 venture capital and private equity funds as of mid-September.
NSSF to boost investment in PE funds
China's National Council for Social Security Fund (NSSF) will boost its commitments in private equity funds by more than 50% in 2012, in a move to enhance investment returns.
NSSF to expand investments in state-owned enterprises
China's National Council for Social Security Fund (NSSF) will lift investments in state-owned enterprises (SOEs), Dai Xianglong, the fund’s chairman, said Thursday.
NSSF: Still room to increase PE investments
China's National Council for Social Security Fund (NSSF) has the capacity to boost its commitments to private equity considerably, having put only 2.2% of its capital into the asset class, according to Wang Zhongmin, the fund's vice chairman.
CITIC Capital in $1.6bn Cinda deal
CITIC Capital, alongside Standard Chartered and UBS, has reportedly been approved to be a strategic investor in China Cinda Asset Management Co., which will also receive a capital injection from China’s national pension fund. The total investment will...
NSSF teams up with SDIC to boost asset value
China's National Council for Social Security Fund has signed a framework agreement with State Development and Investment Corporation (SDIC) to boost the value of the state pension fund and state-owned assets.
China to include PE in new securities fund law
China is likely to introduce a revised securities fund law this year, which could classify private equity vehicles as a legal product subject to clearer regulations.