Showing posts with label China Investment Corp. (CIC). Show all posts
Showing posts with label China Investment Corp. (CIC). Show all posts

Monday, November 10, 2014

The wealth funds clinching the most deals are ...

Singapore's Temasek and GIC were the most active sovereign wealth funds last year, chasing investments even as deal-making by their peers, especially China, dropped sharply, according to a new report.

Wednesday, January 9, 2013

China fund mulls buying stake in Daimler: Report

SHANGHAI: China's sovereign wealth fund is considering buying a four to 10 percent stake in German automaker Daimler, the website of the official People's Daily newspaper said at the weekend.

Wednesday, April 25, 2012

China Sovereign-wealth Fund To Get $50 Bln: Report

HONG KONG – China's sovereign-wealth fund, China Investment Corp. (CIC), has received an additional $50 billion in funding from the central government, according to a report Tuesday in the Financial Times.

Tuesday, September 13, 2011

Italy confirms talks with China's sovereign wealth fund amid crisis

ROME - Italy is confirming reports that the treasury minister has met with China's sovereign wealth fund, amid speculation that Rome is looking to persuade Beijing to buy Italy's bonds or invest in its companies.

A spokesman for Finance Minister Giulio Tremonti on Tuesday confirmed the meeting with the chairman of China Investment Corp., Lou Jiwei, but declined further comment.

Wednesday, August 3, 2011

China’s sovereign-wealth fund faces old questions

By Li Qing

BEIJING ( Caixin Online ) — En route to another double-digit annual return, China’s sovereign-wealth fund China Investment Corp. (CIC) last year expanded long-term asset and direct investments while reducing the cash percentage of its global portfolio.

Also noted in CIC’s recently released financial report for 2010 — its third year in business — was a board of directors decision to set targets for cumulative, annual return rates. The board also decided to extend an investment assessment cycle to 10 years from five.