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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration, Market

Mack and C.I.C.: Morgan edges closer to China

Posted on 19 July 2010

From Nytimes.com: Morgan Stanley got a little closer when its chairman, John J. Mack, gained a seat on the advisory council of the China Investment Corporation, the country’s sovereign wealth fund.
Morgan Stanley already has close ties to the fund, known as C.I.C., which owns a 9.9 percent stake in the Wall Street firm……………………………………….Full Article: Source


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