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Sovereign Wealth Funds Briefing - Categorized | Performance

The CIC, the world’s best performing SWF?

Posted on 30 October 2008

From CFR: To date, the CIC hasn’t exactly distinguished itself with its investment acumen. Its investments in Blackstone and Morgan Stanley are underwater. Its Blackstone shares are down something like 75%.

Even its “safe” investments haven’t been safe: it put money in the Reserve Primary Fund — the money market fund that famously broke the buck…… Full Article: Source


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