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Sovereign Wealth Funds Briefing - Categorized | People, Trends

CIC official named chair of sovereign wealth fund group

Posted on 13 May 2011

A top official at China’s sovereign-wealth fund is expected to be named as the new chairman of the group representing the world’s largest government-controlled investment funds, according to people familiar with the matter Thursday.
The appointment comes as representatives for these mega funds are gathering in Beijing this week to discuss ways to blunt criticism that their investments are driven by political agendas. The group, called the International Forum of Sovereign Wealth Funds, is seeking to better coordinate the approach of the funds as they look to put their vast resources to work worldwide……………………………………….Full Article: Source


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