Mon, Sep 25, 2017
A A A
Welcome mteam
RSS

Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration

China SAFE says ex-Pimco hire doesn’t mean strategy change

Posted on 29 December 2009

From Imarketnews.com: China Investment Corporation, a new-$300 billion sovereign wealth fund established in 2007 with a view to challenging SAFE’s dominance of foreign exchange reserve management, has recently applied to the State Council for another $200 billion in reserves to manage.

The hiring of an investment manager from PIMCO doesn’t indicate a change in strategy by China’s State Administration of Foreign Exchange, an official with the reserve manager said Tuesday…………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 19873 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
banner
September 2017
M T W T F S S
« Nov    
 123
45678910
11121314151617
18192021222324
252627282930