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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

CIC eyes security of raw materials

Posted on 18 May 2011

The managing director of China Investment Corp (CIC), the nation’s sovereign wealth fund, is moving to Canada to bolster the company’s attempts at investing in natural resources, according to a company official with direct knowledge of the matter.
The director, Winston Ma, who is part of the special investments department at the corporation, was appointed deputy head of the fund’s only office outside China this month, according to the executive, who asked to not be indentified. Wu Xueling, a spokeswoman for CIC, didn’t answer two calls to her mobile phone……………………………………….Full Article: Source


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