The Chinese sovereign wealth fund is among the top improvers in an annual scoreboard that rates global state funds’ practices in governance, sustainability, and resilience (GSR) over the past year.
Tag : china investment corporation
AsianInvestor has identified 10 outstanding executives who are leading best practices and innovative thinking at sovereign wealth funds operating in the region. On day two, we showcase executives from Brunei Investment Agency and China Investment Corporation.
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Sovereign wealth fund China Investment Corporation's total assets under management dropped to $1.24 trillion at the end of 2022. But, it still managed to achieve its 50% alternative asset allocation target for overseas investments.
The National Social Security Fund added $17.8 billion in Chinese equities last year across the consumer and healthcare, real estate, automotive, industrial, resource, and infrastructure sectors.
The sovereign wealth giant says it will prioritise employee retention.
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China Investment Corporation and Silk Road Fund held talks with Saudi Arabia’s information technology minister, underscoring growing China-Saudi cooperation.
CIC is not part of a consortium shortlisted for the infrastructure project, a source told AsianInvestor. The company that announced the consortium being shortlisted confirmed CIC's participation.
For the $1.35 trillion alternative-heavy China Investment Corporation, it could be just a matter of time before it surpasses the world's largest sovereign wealth fund Norwegian Government Pension Fund Global.
Back in 2014, China Investment Corporation had started expanding offshore private equity exposure, while the American pension fund actively sought Asia-based partners.
China's sovereign wealth fund's 2020 returns may have declined, but the fund remains upbeat about US equities, external managers and the prospects for the Greater Bay Area
After posting a 12% annual return for 2020, China Investment Corporation is emphasising tie-ups with foreign fund partners to attract know-how and technology into its home market.
The Chinese sovereign wealth fund believes co-investments can effectively expand its investment pipeline but is looking outside the US for fund vehicles or direct investments.
