China's Sovereign Wealth Fund in Big Turnaround

China Investment Corporation (CIC), the world's biggest sovereign wealth investor said 2012 was a much better year for the $482-billion fund, with returns of over 10 percent.

'China' fund raises stakes in Japan firms: report

OD05 Omnibus, an investment fund widely believed to be a Chinese government investment vehicle, has been increasing its stakes in Japanese companies including Toyota and Honda, a report said Sunday.

Bank of America and Morgan Stanley revenues boosted by ECB's LTRO loans

The banks saw trading revenues surge in the first quarter of the year as the wave of cheap, three-year loans that the ECB began in December revived appetite to make bets across a range of asset classes.

China's CIC brushes aside Merkel investment plea

(Reuters) - The head of China's $410 billion sovereign wealth fund CIC brushed aside a call by German Chancellor Angela Merkel to buy European government debt, saying such investments were "difficult" for long-term investors.