CIC

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CIC weighs into alternatives

The China Investment Corporation deployed nearly 30 per cent of its cash, or $35.7 billion, in 2010, mostly into private equity, real estate, infrastructure and other direct investments with its alternatives allocation increasing from 6 to 21 per cent in the year.

Amanda WhiteJuly 27, 2011

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CIC gets its money back from collapsed US cash trust

The China Investment Corporation has recovered all of its $5.3 billion invested in a US money market fund, the Primary Fund, which collapsed and suspended redemptions in 2008.

GREG BRIGHTSeptember 15, 2010

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CIC expands portfolio with major investment bank stake

The China Investment Corporation (CIC) is having its domestic portfolio boosted through the transfer of the 43.5 per cent stake in China International Capital Corp (CICC), the country’s largest investment bank, by it’s state-controlled brokerage firm, China Jianyin Investment Securities.

GREG BRIGHTAugust 25, 2010

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CIC No.2 set for take-off

The Chinese Government is expected to provide details this month of its new fund – being dubbed the “Industrial CIC” or” CIC 2” – which will centralise oversight of various state-owned businesses.

GREG BRIGHTAugust 11, 2010

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CIC expands global reach

The Chinese Investment Corporation will hire a throng of investment professionals to join its nearly 200-member global investment team, following the second meeting of its international advisory council in Shanghai this month.

Amanda WhiteJuly 27, 2010

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SWFs surprise as they debut in ETFs

The institutional usage of exchange-traded funds is booming around the world, putting paid to any lingering doubt that the vehicles are meant for retail investors. Michael Bailey reports.

MICHAEL BAILEYJuly 7, 2010