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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration

CIC boosts internal structure as Lou Jiwei bids adieu

Posted on 29 July 2013

The outgoing chairman of China’s largest sovereign wealth fund has written of experiencing a range of emotions at the helm of the institution in its latest annual report. Lou Jiwei said he was privileged to serve as the founding Chairman of the China Investment Corporation (CIC) alongside its “dedicated staff”.
“My 2,000 days at CIC took me through a wide spectrum of feelings-the joy of achievement, the distress of setbacks and the pride of seeing the company grow, thrive and aspire to greater success,” Lou wrote in the report released today. “I will hold these memories dear to my heart. For a young company like CIC, it is a pioneering effort to build a diversified investment platform and a global multi‑asset portfolio.”……………………………………….Full Article: Source


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