29.05.2012 - Alternatives becoming core to portfolios: BlackRock
Alternatives are coming in from the cold and are becoming a core portfolio constituent for investors, says Joseph Pacini, head of the strategy group at BlackRock Alternative Investors (BAI) for Asia-Pacific ex-Japan. More recently, it formed a joint venture with sovereign fund China Investment Corporation (CIC) to invest in private equity deals on the mainland and globally. Pacini declined to comment on the CIC partnership, but noted that “global investors outside of the region clearly see China as a continued growth engine”...............................................Full Article: Source
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