This content is from: Corner Office

China’s NCSSF Reports $131B In Assets

National Council for Social Security Fund (NCSSF) has disclosed its annual report.

National Council for Social Security Fund (NCSSF) has disclosed its annual report, Pensions & Investments reports. The Chinese sovereign wealth fund’s total assets increased by 10.3% to $131 billion as of December 31.

The social security fund gained $4.94 billion from equity investment with a yield of 4.23%, adds Xinhua. NCSSF expects the total assets of the fund to reach $153.98 billion by the year end.

Click here for the story from Pensions & Investments.

Click here for additional coverage from Xinhua.

Related Content