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Sovereign Wealth Funds Briefing - Categorized | Financials, Investment

China fund confident of getting more cash

Posted on 13 May 2011

China Investment Corp. is making progress toward getting fresh funds, one of its top officials said, addressing uncertainty about the future of the sovereign-wealth fund, which faces critical scrutiny over its performance after investing all of its initial $200 billion.
The official, Jin Liqun, chairman of CIC’s board of supervisors, was speaking during a three-day meeting of global sovereign-wealth funds that discussed ways to better coordinate their approach as they look to put their vast resources to work around the world in the face of political challenges……………………………………….Full Article: Source


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