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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Investment, Market

CIC stops buying Europe government debt on crisis concern

Posted on 11 May 2012

Gao Xiqing, president of China Investment Corp., said the nation’s sovereign wealth fund has stopped buying European government debt on concerns about the region’s financial turmoil.
CIC will continue to look for new investments in Europe as part of its strategy to boost allocations to infrastructure, private-equity assets as well as emerging markets to help boost returns, Gao said………………………………………..Full Article: Source


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