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Sovereign Wealth Funds Briefing - Categorized | People, Performance

China’s new sovereign fund chief under pressure to boost returns

Posted on 08 July 2013

Ding Xuedong takes over as head of China’s wealth fund facing three challenges: boosting returns, finding new capital and dealing with rivalry from the manager of the nation’s foreign-exchange reserves.
His appointment, announced July 5, ends months of speculation over who would take charge at China Investment Corp. after Lou Jiwei was named Finance Minister in new Premier Li Keqiang’s government in March. Ding, 53, a former deputy finance minister, will move from the State Council where he was a deputy secretary-general………………………………………..Full Article: Source


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