SWF Radar

China pension fund records sixfold increase in investment gains

Posted by Editor on June 30, 2008 at 12:11 PM

Bloomberg reports that, “The Chinese national pension fund’s [NSSF] investment gains increased almost sixfold in 2007 from a year earlier as returns from its stock holdings more than tripled, said the Beijing-based fund.”

The NSSF is described by the China Economic Review in its July issue as China’s third SWF alongside the CIC and SAFE. (The China Economic Review article appears to have been taken down since yesterday).

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