Li Wenliang, head of fof investment department and fund manager of China Southern Fund, said recently that the pension funds of the third pillar adopt closed-loop management and have a long investment period. Based on long-term equity research and investment advantages, public offering is expected to introduce long-term stable and allocation funds into the capital market while improving the overall long-term income of pension funds. Relevant individual investors can allocate pension investment through public offering pension fof products.
Li Wenliang said that from the perspective of historical operation practice, the public fund industry has long management experience in the first pillar and the second pillar, and has created excellent investment performance for a long time. In terms of equity research and investment capacity, public funds have rich experience and relatively high investment intensity, forming a certain first mover and leading advantage. Third, the long-term capital allocation will continue to be the pillar of the long-term capital allocation.
Li Wenliang said that pension fof is one of the earliest asset management products specially built for the third pillar in China. It is an innovative solution for the layout of individual pension investment in the public fund industry. After nearly four years of mature operation, it has basically explored the third pillar solution suitable for China's national conditions. Relevant individual investors can allocate pension investment through public pension fof products. Long term investment and the investment habit of being able to withstand the high volatility of the equity market will help investors reap the long-term return of the equity market. From the experience of overseas mature developed markets, pension fof is also a product popular with the third pillar individual investors.
