Outspoken and well-regarded Lou Jiwei has been replaced by another ex-ministry of finance official, Liu Wei. The reasons for the change remain unclear but policy continuity is expected.
Tag : lou jiwei
We are identifying 20 outstanding executives who are driving the region's pension funds forward. Today, we feature leaders from China's NCSSF and Malaysia's EPF.
Investments under China's new Public Pension Fund scheme will be more conservative than those of the National Council for Social Security Fund, says NCSSF chairman Lou Jiwei.
Lou Jiwei, previously China’s finance minister and former chair of China Investment Corporation, has another big job ahead of him – at the National Council for Social Security Fund.
China Investment Corporation CEO Ding Xuedong has taken on an additional role as head of investment bank CICC. The sovereign wealth fund says he will retain his current function.
New chairman reported for CIC, BNY snags BlackRock MD, JP Morgan's head of North Asia exits, Robeco promotes PM and PGI hires Prudential executive.
Early reports say Shanghai’ s executive vice-mayor Tu Guangshao has been named chairman of China's sovereign wealth fund, which may give it more allocation freedom.
BNY Mellon names Japan president, new CIC chief speculation, KKR adds in Japan, Telstra Super chief to retire, DeAM Korea co-CEO exits, Eastspring hires in Greater China sales, Neuberger Berman names adviser, Bobby Wood moves to Serica.
CIC, NPS chairmen move on, Vanguard investment group changes, JP Morgan reshuffles Middle East wealth, Dubai property fund names CEO and new MAS board member named.
China Investment Corporation is eyeing greater exposure to manufacturing, property and real-asset investments, says chairman and chief executive Lou Jiwei.
China Investment Corporation records a -4.3% loss in 2011, noting its increased PE activity is still at an early investment stage.
A joint fund has been set up between RDIF and CIC to co-invest in private equity deals. It will tap other investors, including family offices in Asia.