Viewpoint: Global pension funds now balking at China
Of 22 public pension and SWFs managing $4.3t in assets, not one had a positive outlook for China's economy.
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Of 22 public pension and SWFs managing $4.3t in assets, not one had a positive outlook for China's economy.
The majority of global pension and sovereign wealth funds have shifted their focus from inflation to managing a volatile macroeconomic environment as they attempt to recoup massive losses, a new study shows.
Even allowing for China's messy cyclical ebb and flow and global political tensions of the day, the exit of long-term foreign capital from the world's second-biggest economy is startling. ... -December 01, 2023 at 02:00 am EST - MarketScreener
Almost 40% of investors chose India as the most attractive emerging market, while less than a quarter selected China in a survey by London-based think-tank Official Monetary and Financial Institutions Forum. It included 100 funds managing $26 trillion in assets, including Singapores GIC Pte. and Canadas Caisse de Depot et Placement du Quebec.
The exit of long-term foreign capital from the world’s second-biggest economy is startling