Queensland Investment Corporation has signed a memorandum of understanding for strategic co-operation with one of China’s biggest asset managers — Ping An Asset Management Company — to tap the rapid growth in Chinese investment capital.
This is the first time QIC has entered into a MOU with a Chinese asset manager, although it has led a consortium that includes China’s $200bn sovereign wealth fund CIC to win the Port of Melbourne bid in September………………………………………..Full Article: Source