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Sovereign Wealth Funds Briefing - Categorized | Investment, Trends

China sovereign fund in Australian resources drive

Posted on 27 July 2012

Lou JiweiChina Investment Corporation, one of the largest sovereign wealth funds in the world, is poised to plough more money into energy, resources and infrastructure assets as it reduces its exposure to the volatile sharemarket after posting a 4.3 per cent loss on its global portfolio last year.
The prospect of the $482 billion fund unleashing its war chest on the resource sector will provide hope for many Australian companies starved of capital as funding sources in Europe and the US dry up………………………………………..Full Article: Source


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