How the Ranking Was Compiled

   Institutional Investor’s annual ranking identifies China’s top 20 fund managers by assets. The ranking, compiled by Associate Editor WeiQing Lu under the guidance of Senior Editor Jane B. Kenney, is based on a variety of sources, including questionnaires filled out by the institutions themselves. II refined this data through follow-up faxes, e-mails and telephone calls. When official data were unavailable, II obtained figures from Web sites and other public sources. All figures are in millions of dollars and are as of December 31, 2006, unless otherwise noted. Figures were converted to dollars using year-end 2006 exchange rates. (Not included in the ranking is China’s National Council for Social Security Fund, with year-end 2006 assets of $41.9 billion. Some of its assets are included in the totals reported by individual firms that manage portfolios for the fund.)