26.05.2014 - If ECB pumps, we buy: China wealth fund
The chairman of China's massive sovereign wealth fund has said that monetary easing in the euro zone would be "good news" and open up market opportunities. China Investment Corporation (CIC), which is responsible for managing some of the country's massive currency reserves, was founded in 2007 and has $575 billion of assets under management, according to the Sovereign Wealth Fund Institute, and is the fourth-largest wealth fund of its kind in the world...............................................Full Article: Source
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