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Sovereign Wealth Funds Briefing - Categorized | Financials, Investment, Performance

Morgan Stanley stake to result in loss for CIC.?

Posted on 10 August 2010

From Nytimes.com: A convertible equity stake in Morgan Stanley that was acquired by China Investment Corp. is now proving costly for the sovereign wealth fund.
Caixin Online reported that for over two years, quarterly dividends from Morgan Stanley brought in a healthy rate of 9 percent per year……………………………………….Full Article: Source

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