养老金融周报（2025.07.21-2025.07.27）：英国养老金成立GGIC以求参与政策制定-20250728

Key Points Summary Group 1: Centralized Investment and Policy Developments - In Q2 2025, the Central Huijin Investment Corporation purchased approximately 197.5 billion RMB in ETFs, with over half of the funds directed towards the CSI 300 Index ETF and around 29 billion RMB towards the CSI 1000 Index, which focuses on small-cap stocks [1][6][8] - The establishment of the Governance for Growth Investor Campaign (GGIC) in the UK aims to advocate for better corporate governance standards and investor rights, with initial members managing approximately 150 billion GBP in assets [1][9][10] - The GGIC was formed in response to the Leeds Reforms, which seek to enhance investment attractiveness in the UK and allow pension funds to participate in capital market and governance policy-making [9][10] Group 2: Pension Commission and Economic Impact - The UK has re-established the Pension Commission after nearly 20 years to address the risks of declining pension benefits, with a focus on intergenerational income risks and recommendations for enhancing retirement income [2][11] - The NCPERS report indicates that DB pension plans significantly contribute to economic growth, projecting that without public pensions, U.S. economic activity could decrease by 3 trillion USD by 2025 [13][14] Group 3: International Investment Activities - La Caisse announced a commitment to invest up to 1.7 billion GBP in the Sizewell C nuclear project in the UK, acquiring a 20% stake in the project, which aims to provide clean energy and reduce carbon emissions [14][15] - The Danish AkademikerPension has decided to reinvest in nine European defense companies, reflecting a shift in investment strategy due to current geopolitical conditions [15][16] Group 4: Domestic Pension Policies and Initiatives - The Chinese government plans to issue electronic consumption vouchers to elderly individuals with moderate to severe disabilities, covering 30-60% of their long-term care service costs [26][27] - The Ministry of Human Resources and Social Security is expanding the scale of entrusted investments for basic pension insurance funds and exploring a "default investment" mechanism for personal pensions [28][30]