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Sovereign Wealth Funds Briefing - Categorized | Fund Profile/New Launches

‘CIC No.2′ expected to start operation before year-end

Posted on 10 November 2010

From China.org.cn: Guoxin Asset Management Co, China’s new state-asset management company, is expected to be running before the end of the year, Shanghai Securities News reported Tuesday, citing Shao Ning, vice chairman of the State-owned Assets Supervision and Administration Commission (SASAC).
Guoxin Asset Management Co, also referred to as “China Investment Corporation No.2″, will play an important role in the restructuring of state-owned enterprises, Shao said……………………………………….Full Article: Source

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