10.02.2010 - China likes ETFs, too
From Thestreet.com: The Securities and Exchange Commission filing of the U.S.-traded holdings in China's sovereign wealth fund reveals that the country is investing in ETFs. The Chinese sovereign wealth fund, China Investment Corporation, revealed in the filing that about $9.6 billion of its estimated $300 billion of assets under management are in securities and funds traded in the U.S. Of this $9.6 billion, I calculate that $2.4 billion, or 25% of these assets, are in exchange-traded funds.......................................Full Article: Source
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