| China Investment Corp.’s Roslyn Zhang, a managing director at the nation’s sovereign wealth fund, criticized hedge fund managers for everything from herding into bets against the yuan to lacking skills to make money.
“Over the last couple years I’m kind of disappointed by the performance,” she said Wednesday at the SkyBridge Alternatives Conference in Las Vegas. Zhang, who oversees fixed-income and absolute-return investments, said CIC is a “sizable” investor in the industry...............................................Full Article: Source
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