The new boss of China Investment Corp, the mainland's US$480 billion sovereign wealth fund whose chairmanship had been vacant for about five months, faces two immediate challenges - making more money from the fund's overseas investments and finding additional capital.Wednesday, 3 July, 2013, 7:53am
The chairman's office at China Investment Corp (CIC) has been empty for about three months since former chairman Lou Jiwei , who helped establish CIC in 2007, was promoted to become finance minister as part of the Communist Party's once-a-decade leadership transition earlier this year.27 May 2013 - 6:32am 2 comments
A senior official at China Investment Corp says the US$500 billion sovereign wealth fund has exposure to gold, although "not on a big scale", and the fund is confident that gold prices will rise in the long run owing to limited global supply.18 Apr 2013 - 5:52am
China's US$500 billion sovereign wealth fund is more optimistic about the United States economy than those of Europe and Japan, although it is generally cautious about the outlook for major economies.7 Mar 2013 - 6:17am
Norway's US$660 billion sovereign wealth fund, the world's largest, plans to invest about US$11 billion as it enters the US real estate market.5 Dec 2012 - 4:29am
We would avoid investing in countries that do not welcome us. There are other places to invest
Lou Jiwei, chief executive of China's sovereign wealth fund, which is to focus more on Asia
If you moaned about it, you were told not to say those awful things about Jimmy12 Nov 2012 - 3:30am
Singaporean sovereign wealth fund Temasek says the big mainland lenders should be able to weather recent rate liberalisation but warns that the banks, in which it is a key stakeholder, face a lower return on equity.22 Jun 2012 - 12:00am
The investment returns of the Exchange Fund in the second quarter will be hit hard by the euro-zone crisis and the Hong Kong Monetary Authority will accordingly adjust its portfolio to diversify risks, says authority chief executive Norman Chan Tak-lam.22 May 2012 - 12:00am
Financial opportunities allow guardian of the Tracker Fund to thrive30 Mar 2008 - 12:00am
It took Shen Guoting more than six years and the loss of his project manager to win a contract late last year to develop the world's second-largest untapped copper mine, in Afghanistan.
In France, a trading company from Qingdao last month bought a 500-year-old chateau and vineyard near Bordeaux, the first acquisition by a Chinese firm in the French wine industry.12 Feb 2008 - 12:00am
Taiwan is planning to set up a sovereign fund to invest in the Gulf region before it is too late.
The sovereign fund, which will combine government and private-sector money of about NT$2 billion (HK$479.4 million), initially would set sights on oil and other energy investments in Gulf countries, economic officials said yesterday.28 Dec 2007 - 12:00am
The Hong Kong Investment Funds Association is happy with itself again. A recent survey has shown 7.8 per cent of the adult population investing in funds as opposed to only 3.2 per cent in 1997 and sales of investment funds have been way up so far this year.9 Sep 2000 - 12:00am