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ICBC Credit Suisse Asset Management Rated Grade A by Social Security Fund in Investment Management Ability
 

In the 2016 Entrusted Domestic Investment Managers Assessment of National Social Security Fund, ICBC Credit Suisse Asset Management Co., Ltd., a subsidiary of ICBC, won grade A in both bonds portfolio and credit debt portfolio assessment in addition to the consecutive grade A rating in the fundamentals assessment.

Since acquiring the qualification for domestic investment manager of National Social Security Fund in 2010, it has consistently won recognition with solid performance. Since 2014, ICBC Credit Suisse Asset Management has won grade A in fundamentals assessment for three consecutive years, two times of grade A rating in bonds portfolio and two times of grade A rating in stock portfolio. Along with the recognition of its pension asset management abilities, its social security portfolio has also seen constant growth. In 2012, it obtained the qualification for overseas investment managers of Social Security Fund again.

Currently, ICBC Credit Suisse Asset Management is also qualified as enterprise annuity manager, domestic and overseas manager of social security fund and basic pension investment manager, featuring strong integrated service advantages in pension fund investment management. As of the end of September, ICBC Credit Suisse Asset Management ranked the fourth in the industry in terms of the scale of social security fund and enterprise annuity management, with pension fund asset under its management approaching RMB 150 billion, including the enterprise annuity, social security funds and special welfare accounts beyond the overall planning. At the same period, the total scale of the company's asset management exceeded RMB 1.2 trillion, taking leading position in the industry, and the public-raising asset was RMB 558.8 billion, ranking among the top two in the industry.


(2017-03-07)
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