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

C.I.C. may pick domestic shop to oversee stakes

Posted on 20 August 2010

From Nytimes.com: China’s $300 billion sovereign wealth fund may pick the China Asset Management Company, the country’s largest fund manager, to oversee part of its international investments, a person with direct knowledge of the matter said.
The China Investment Corporation, which is responsible for managing part of the nation’s foreign-exchange reserves, would invest through China Asset’s Hong Kong unit, the person said, requesting anonymity as no announcement has been made……………………………………….Full Article: Source

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