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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

CIC well placed to invest new funds faster, sooner

Posted on 22 December 2009

From WSJ: Discussion is heating up again about an expected influx of fresh funds for China Investment Corp., possibly as much as the $200 billion chunk of foreign exchange reserves it was handed the first time around, more than two years ago.
CIC chief Lou Jiwei said publicly in August that the sovereign wealth fund might ask for more capital, and a new allotment makes sense, if for no other reason than that CIC has already invested most of its initial cash pile………………………………….Full Article: Source


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