16.03.2010 - China state fund open to shorting stocks-fund manager
From Reuters: China's $300 billion sovereign wealth fund is looking at directly investing in funds that could benefit from falling equity prices, a top manager at Pyramis Global Advisors said on Monday. China Investment Corp spent last year diversifying its investments into commodities, real estate and other asset classes, though the ability to short stocks means the state-backed investor would employ a strategy traditionally used by hedge funds............................................Full Article: Source
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