男女羞羞视频在线观看,国产精品黄色免费,麻豆91在线视频,美女被羞羞免费软件下载,国产的一级片,亚洲熟色妇,天天操夜夜摸,一区二区三区在线电影
   

Social Security fund inks deals with Northern Trust, Citigroup

(Xinhua)
Updated: 2006-10-10 13:46

China's National Council for Social Security Fund (SSF) on Monday signed deals in Beijing with two global investment trustees to help its upcoming overseas investment operations.

The SSF Council started to seek global investment trustees at the end of April, and Northern Trust Corporation and the Citigroup Inc. both from the Unites States were selected.

Although specific overseas investment quota has not been announced, Xiang Huaicheng, Chairman of the Council, said here on Monday that the fund's move to invest overseas will avoid risky investments.

The SSF Council was approved by the Chinese government to use part of its total assets for overseas investment on May 1.

Financial experts believed that overseas investment operations will help the SSF explore more investment opportunities, diversify investment risks and maintain and increase the value of the fund.

The fund was set up in 2000 by the Chinese government as its strategic reserve for its aging population, and its total assets were valued at 201.02 billion yuan (25.1 billion U.S. dollars) by the end of 2005.

The fund mainly comes from budgetary allocation from the Ministry of Finance as well as revenues from the sale of shares of State-owned firms listed overseas.

Northern Trust Corporation is a leading provider of asset and fund administration, investment, management, fiduciary and banking solutions for corporations, institutions and affluent individuals worldwide.

As of March 16 of this year, Northern Trust was approved by China's banking watchdog, the China Banking Regulatory Commission (CBRC), to open its first branch office in the Chinese mainland.

The Citigroup Inc. now has six corporate bank branches namely in Beijing, Shanghai, Tianjin, Chengdu, Guangzhou and Shenzhen.

The bank has also opened 12 consumer bank outlets in the Chinese mainland, with 2,600Chinese staff. In August 2006, the Citigroup received a Qualified Domestic Institutional Investor (QDII) license.

The license will enable Citigroup to make international investments on behalf of Chinese companies and individuals.

The bank also received approval to offer custodian services to banking institutions in China that are qualified to provide overseas wealth management services under the QDII program.


(For more biz stories, please visit Industry Updates)

 
 

主站蜘蛛池模板: 湟中县| 山阳县| 新蔡县| 定日县| 峨眉山市| 岳西县| 溆浦县| 英山县| 湘潭市| 青浦区| 福建省| 洪洞县| 华蓥市| 双城市| 广水市| 蛟河市| 石门县| 永仁县| 札达县| 泸水县| 湟源县| 安化县| 桂东县| 绥棱县| 赤壁市| 钟山县| 澎湖县| 工布江达县| 铁力市| 巫山县| 中卫市| 基隆市| 古蔺县| 江安县| 乌恰县| 健康| 攀枝花市| 江北区| 华容县| 海淀区| 凤翔县| 福州市| 洛扎县| 洪洞县| 都兰县| 麻栗坡县| 扬中市| 盐源县| 迁安市| 抚远县| 常德市| 来凤县| 徐水县| 永安市| 图们市| 麦盖提县| 科尔| 雷州市| 卓资县| 云阳县| 奉化市| 桃江县| 合阳县| 阜平县| 盖州市| 南川市| 化州市| 革吉县| 苍南县| 江北区| 大同县| 秦皇岛市| 象山县| 蓬安县| 田阳县| 镇坪县| 泰宁县| 肥西县| 湘潭县| 兰考县| 石屏县| 敦煌市|