China pension funds ready 2t yuan war chest for market foray
Deployed cash is expected to boost yields for low-return pension system
Tue, Jul 12, 2016 - 5:50 AM
CHINA'S pension funds are about to become stock investors.
The country's local retirement savings managers, which have about two trillion yuan (S$403 billion) for investment, are handing over some of their cash to the National Council for Social Security Fund, which will...