06.09.2016 - China’s CIC Boosts Direct Investments in Search of Returns
Bespectacled and with a professorial demeanor, Ding Xuedong smiles broadly as he walks the hallways of China Investment Corp's headquarters, but the staff knows full well that the chairman carries a big stick. Since taking the helm of CIC in July 2013, Ding has restructured China's influential sovereign wealth fund by overhauling top management, shifting power over its $250 billion global portfolio from a handful of individual managers to investment teams, and conducting periodic audits to guard against corruption and conflicts of interest between managers and the investments they make...............................................Full Article: Source
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