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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration, Market

Chinese giant to outsource billions

Posted on 24 August 2010

From Pionline.com: China Investment Corp. — one of the fastest-growing funds in the world — is likely to outsource tens of billions of dollars within the next few years to money managers specializing in alternative and emerging markets strategies, according to sources familiar with the $332 billion sovereign wealth fund.

Indeed, what began in piecemeal around 18 months ago is likely to accelerate in the coming months if market conditions are favorable, sources said…………………………………….Full Article: Source


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