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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration

CIC: Careful with money

Posted on 11 December 2009

From Theglobeandmail.com: China Investment Corp., the $300-billion sovereign wealth fund, is expected to generate a lot of dealmaking activity in Canada in coming years, but bankers may not make as much money from the behemoth’s buying as they might think.

According to Reuters, CIC is awfully thrifty when it comes to handing out the fees, and in a year when deals are still relatively scarce, the fund has the pricing power to take a stand………………………………Full Article: Source

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