SWF Radar

Bloomberg reports that, “Fidelity International Ltd. and Robeco NV are among global asset managers seeking mandates from China’s $74 billion national pension fund to invest in emerging-market and European equities. The National Council for Social Security Fund, which announced yesterday it is seeking asset managers to help invest in stock markets outside of China, is putting its money into emerging-market and European indexes for the first time. NSSF, as the fund is also known, may invest as much as 20 percent of its assets abroad under current rules.”