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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments, Fund Management/Administration

China Investment Corp. favors big hedge fund managers, Fan says

Posted on 15 October 2012

China Investment Corp., the nation’s sovereign wealth fund, favors larger hedge funds in selecting external managers for investing its capital, said Hua Fan, head of fixed-income investment at CIC.
CIC, which helps China manage the world’s largest foreign- currency reserves, will also avoid “over-diversification” by investing in too many funds, Fan said at an annual conference of the Chinese Finance Association in New York………………………………………..Full Article: Source


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