| China Investment Corporation (CIC) plans to stick to an asset allocation-oriented investment strategy this year, said Lou Jiwei, chairman for the Beijing-based company, at the Asian Financial Forum in Hong Kong on January 20, 2010.
The sovereign wealth fund will fine-tune its investment portfolio and beef up its management in the year, strengthening allocation in projects with a quick return on investment. The company will make the investment in the high return breeding-assets its proprietary operation, according to Mr. Lou.....................................Full Press Release: Source
|