Sat, Oct 25, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Investment

Sovereign wealth fund speeds up overseas investment

Posted on 07 December 2009

From Globaltimes.cn: China’s sovereign wealth fund, the China Investment Corporation (CIC), has nearly doubled its overseas investment this year compared with last year, putting most of the funds into foreign energy and mining companies.

The sovereign fund, established in 2007 with $200 billion in assets, half designated for overseas investment, has turned to bulk commodities this year, with a dozen investments in en-ergy and mining companies around the world, totaling $9.5 billion, almost twice last year’s $4.8 billion overseas investment…………………………….Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

 Article link

This post was written by:

VRS - who has written 15018 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
October 2014
M T W T F S S
« Sep    
 12345
6789101112
13141516171819
20212223242526
2728293031