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Sovereign Wealth Funds Briefing - Categorized | Performance

China’s sovereign wealth fund getting decent returns

Posted on 29 October 2009

From Xinhua: China Investment Corporation (CIC),the nation’s sovereign wealth fund, has invested half of its 110-billion-U.S. dollar available capital in the overseas market and has gained decent returns from it so far, China Daily reported Thursday.

The newspaper said, citing the CIC chairman Lou Jiwei, that the company had reaped not bad returns from its investment so far this year but was not able to guarantee those returns would still be good by year-end as this depended on various factors……………………….Full Article: Source

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