20.08.2010 - C.I.C. may pick domestic shop to oversee stakes
From Nytimes.com: Chinaís $300 billion sovereign wealth fund may pick the China Asset Management Company, the countryís largest fund manager, to oversee part of its international investments, a person with direct knowledge of the matter said. The China Investment Corporation, 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
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