29.06.2015 - China's Silk Road infrastructure fund explores investment exit strategies
China's US$40 billion Silk Road infrastructure fund will use stock market listings and government transfers as exit strategies for divesting, in order to ensure financial returns from its investments, its chairwoman says. "When we make an investment decision, we will design an exit channel for it," Jin Qi, the fund's chief executive, told the Lujiazui Forum in Shanghai yesterday. Capricious policymaking in those countries could prove a stumbling block to successful investments there, China Investment Corporation president Li Keping told the forum. "In those countries that lack a complete legal system, there will be discretionary policy changes," the head of the country's sovereign wealth fund said. 'Therefore, uncertainties are increasing. Or, to be precise, risks are high."..............................................Full Article: Source
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