China Wednesday tapped 10 global fund managers to oversee the investment of the country’s social security funds, a mandate that is likely to generate small fees initially but larger ones in coming years. The social security fund selected Allianz Global Investors; INVESCO Hong Kong Ltd., an affiliate of London-based AMVESCAP PLC (AVZ); and a consortium composed of UBS Global Asset Management (UBS) and China International Capital Corp. for actively-managed Hong Kong equity investments.
China pension fund

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