Calculated on the opening of national assets, China has fallen out of the Ranking of the 12th major configuration of the California Teacher Pension Fund (Calstrs).
Bloomberg News reported on Wednesday (August 2) that according to the latest disclosure of CalStrs based on market value and income, as of the end of May, the funding allocation of pension giants has lagged back in South Korea, India, Mexico, and Mexico.And Ireland.China's overall investment in CalStrs has decreased significantly from 2.1%at the end of 2020, but the latest percentage has not been disclosed.
It is reported that South Korea has become the tenth largest market for Calstrs. The proportion of investment as of the end of May was 0.6%, followed by Mexico and Ireland.Calstrs said the investment portfolio of the pension fund at that time was $ 309 billion (about S $ 413.3 billion) and a $ 283 billion at the end of 2020.This means that in the past three years, CalStrs's value to China has been at least 69%.
Industry magazine Pensions Investments list Calstrs as the second largest fixed welfare pension management institution, second only to California Civil Service Pension Management Agency (Calpers).
According to the documents released by the official website of Calstrs, as of the end of last year, Calstrs invested 1%of all asset -type investment portfolios to China, making China the sixth largest configuration country.At the end of 2020, China ranked fourth in this ranking, second only to the United States, Japan and the United Kingdom.
According to people familiar with the matter, US President Biden plans to sign an administrative order in mid -August to restrict US companies' key technology investment in China.
Calstrs responded that in this field, the decline in China's risk exposure was caused by the overall performance not as good as other countries.
