04.02.2013 - CIC goes back to fundamentals
China’s sovereign wealth fund, China Investment Corporation (CIC), is setting its sights on previously overlooked sectors such as manufacturing, infrastructure, and properties in 2013. The aim is to further diversify investment risk. Speaking at the Asian Financial Forum in Hong Kong on January 14, Lou Jiwei, chairman and chief executive officer at CIC, remarked: “As a long-term institutional investor, CIC is looking for risk-adjusted returns through risk diversification. As such, the fund takes the unbiased view of spreading its investment across a range of industries.”..........................................Full Article: Source
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