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Sovereign Wealth Funds Briefing - Categorized | Investment, Performance

Under pressure, China wealth fund looks short-term

Posted on 14 June 2010

From Reuters: Under pressure from Beijing to post better returns, China’s sovereign wealth fund has placed a greater emphasis on short-term performance this year, two sources with direct knowledge of the fund’s strategy said.
That is a shift for China Investment Corp (CIC), which manages some $300 billion, after consistently emphasising its strategy of seeking long-term returns, and may mean the world’s fifth largest state-run investor may prefer more liquid investments such as equities…………………………………………Full Article: Source

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