19.08.2010 - CIC said to consider China Asset to manage overseas holdings
From Bloomberg: Chinaís $300 billion sovereign wealth fund may pick China Asset Management Co., the countryís largest fund manager, to oversee part of its international investments, said a person with direct knowledge of the matter. China Investment Corp., which is responsible for managing part of the nationís foreign-exchange reserves, would invest through China Assetís Hong Kong unit, the person said, requesting anonymity as no announcement has been made..............................................Full Article: Source
Print