| China Investment Corporation (CIC) has been a major institutional investor allocating capital to external managers, funds and assets. SWFI staff has compiled a brief list of recent pet peeves from observations through research and financial media.
Trying to chase yield, institutional investors have been gobbling up large illiquid properties globally. In 2013, sovereign wealth funds directly invested US$ 19.25 billion into the real estate sector. Granted in November 2012, the China Investment Corporation bought the 310,000 sqft Winchester House for £245 million from KanAm the Asian sovereign wealth fund is cautious in regard to London's perceived property bubble..............................................Full Article: Source
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