| CIC looks a bit like a hedge fund now. It has a bit of everything, fixed income, equities and alternatives. It did really well last year because it's putting more money to work and also in highly cyclical sectors, such as oil and gas.
The China Investment Corporation (CIC), a sovereign wealth fund responsible for managing some of the country's foreign exchange reserves, has reported an 11.7 per cent return on its global investments last year..............................................Full Article: Source
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