20.06.2014 - China SWF's Latest Investment Pick: Agriculture, Food
China Investment Corp. (CIC), China's $650 billion sovereign wealth fund, is shifting some of its allocation to agriculture. "We believe the agriculture sector offers stability, a way of hedging against inflation and a device for spreading risk," CIC's CEO Ding Xuedong wrote in the Financial Times. "We are keen to invest more across the entire value chain—in partnership with governments, multilateral organizations and like-minded institutional investors—in areas that will help to unlock the industry’s potential, increase the food supply and offer attractive returns."..............................................Full Article: Source
Print