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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

CIC: Will seize beneficial investment opportunities

Posted on 22 October 2009

From Dow Jones: China Investment Corp. will seize beneficial investment opportunities within reasonable levels of risk to create wealth for the country, the People’s Daily reported Thursday, citing Lou Jiwei, chairman of China’s sovereign wealth fund.

Lou said CIC has been getting good returns on its overseas investments, according to the newspaper, which is the mouthpiece of China’s Communist Party. The sovereign wealth fund’s investment decisions are driven by research and asset allocation, he said, according to the report……………………Full Article: Source


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