Wed, Jul 23, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Investment, Market

CIC seeks balanced portfolio

Posted on 15 January 2013

China Investment Corp, or CIC, is to balance out its portfolio this year, as a China-led global recovery mitigates risks, said CIC Chairman Lou Jiwei on Monday. The nation’s sovereign wealth fund wants to stick closely to its investment guidelines after it “under-bought” in Europe and “over-bought” in the United States and emerging markets in 2012 in response to global economic uncertainties.
“Our view is that 2013 will see a slow recovery … but there won’t be bright highlights, so we have decided to go back to having balance,” said Lou at the annual Asia Financial Forum in Hong Kong………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 14443 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

July 2014
M T W T F S S
« Jun    
 123456
78910111213
14151617181920
21222324252627
28293031