05.03.2013 - CIC saw 10.6pct investment return ratio in 2012
China Investment Corporation, China's sovereign wealth fund, registered a 10.6 percent return ratio on its investments last year, said Liang Xiang, executive vice-president of CIC on Monday. "The performance is very comforting amid the backdrop of a complicated economic situation and financial markets last year," she said. Liang said that half of CIC's portfolio was invested in the open market, while the other half was invested in long-term projects in the real economy. "Real estate will not be a major target for our investments, but it will continue to be a part of our portfolio that provides sound returns," Liang said...............................................Full Article: Source
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