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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration

CIC to let in-house managers test waters

Posted on 11 February 2010

From WSJ: CIC Chairman Lou Jiwei has signaled 2010 will be another learning year for the Chinese sovereign wealth fund — and that the Western market can be a good school.
In an article that ran in the Century Weekly magazine earlier this week, Lou pledged to let its own in-house portfolio managers test the waters more often in the world’s more developed markets, although he still wants to rely more on external managers for deals in emerging markets………………………………….Full Article: Source

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