11.02.2010 - CIC to let in-house managers test waters
From WSJ: CIC Chairman Lou Jiwei has signaled 2010 will be another learning year for the Chinese sovereign wealth fund — and that the Western market can be a good school. In an article that ran in the Century Weekly magazine earlier this week, Lou pledged to let its own in-house portfolio managers test the waters more often in the world’s more developed markets, although he still wants to rely more on external managers for deals in emerging markets........................................Full Article: Source
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