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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

CIC’s giant boots tread ever gently

Posted on 22 June 2009

From Theaustralian.news.com.au: After spending nine months licking its wounds as global markets plunged, China’s massive sovereign wealth fund China Investment Corporation is on the move once more — and this time it has Australia firmly in its sights.

This week CIC — which manages $US200 billion ($248.6bn) of China’s foreign reserves — made only its fourth offshore investment by lending $200 million to industrial property group Goodman………Full Article: Source


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