CIC boosts third-party exposure, returns 10.6%

Jul 28, 2013

China's sovereign wealth fund bounced back last year after posting negative returns. But it is facing challenges in terms of costs and attracting personnel, says Z-Ben Advisors.

CIC boosts third-party exposure, returns 10.6%

Double-digit returns helped boost China Investment Corporation’s (CIC) assets by 19% last year over 2011, which appears to be the result of an opportune shift into developed-market equities and a move out of cash.

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