20.08.2010 - C.I.C. may pick domestic shop to oversee stakes
From Nytimes.com: China’s $300 billion sovereign wealth fund may pick the China Asset Management Company, the country’s 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 nation’s foreign-exchange reserves, would invest through China Asset’s Hong Kong unit, the person said, requesting anonymity as no announcement has been made..............................................Full Article: Source
Print