Sat, Sep 5, 2015
A A A
Welcome asarmad
RSS

Sovereign Wealth Funds Briefing - Categorized | Performance

China sovereign fund posts 5% investment return

Posted on 25 February 2009

From Chinadaily.com.cn: China Investment Corp (CIC), the nation’s $200 billion sovereign wealth fund, made a profit of $10 billion in 2008, Shanghai Securities News quoted an unnamed source as saying.

That would put the CIC’s annual return at 5 percent, notwithstanding its controversial investments in US private equity firm Blackstone and investment bank Morgan Stanley. CIC has lost more than half of the $8 billion it invested in the two firms. Officials from CIC declined to comment…… Full Article: Source


 Article link

This post was written by:

VRS - who has written 17016 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
September 2015
M T W T F S S
« Aug    
 123456
78910111213
14151617181920
21222324252627
282930