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

CIC’s bitter payoff for Morgan Stanley stake

Posted on 10 August 2010

From Marketwatch.com: For more than two years, quarterly dividends from Morgan Stanley rolled into a China Investment Corp. account at the healthy rate of 9% per year.
It’s been a pleasant, predictable payoff to reward the Chinese sovereign wealth fund’s purchase of a $5.6 billion stake in Morgan Stanley in December 2007, just a few months after CIC was formed……………………………………….Full Article: Source


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


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