| From Koreaherald.co.kr: China Investment Corp., the country's sovereign wealth fund, is continuing to shift its investments away from cash and is investing billions in hedge funds and private-equity funds, Chairman Lou Jiwei said.
China Investment has invested "many times" the $500 million that CIC was reported to have placed in hedge funds and private-equity firms in June, Lou said Saturday in an interview in Beijing. He said China Investment was also investing in fund-of- funds..............Full Article: Source
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