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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration, Investment, Market

China CIC to manage more of its funds in house

Posted on 09 February 2010

From Reuters: China Investment Corp (CIC) will manage more of its investments in developed markets in house this year, the head of the $300 billion sovereign wealth fund said in remarks carried by official media this morning.
Lou Jiwei, the chairman of CIC, said the fund would steadily accelerate its overseas investments in 2010, the China Securities Journal reported, citing an article he published on Monday. It did not say where the article appeared…………………………………Full Article: Source


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