Alternatives boost sets China’s CIC on path to becoming world’s largest SWF
For the $1.35 trillion alternative-heavy China Investment Corporation, it could be just a matter of time before it surpasses the world's largest sovereign wealth fund Norwegian Government Pension Fund Global.
Industry experts believe China Investment Corporation’s (CIC) will remain in good shape during a volatile 2022 and will continue to post positive investment returns supported by a private market-oriented overseas portfolio structure.
The remarks came as the Chinese sovereign wealth fund reported a 14.27% overseas investment return for 2021, with total assets under management (AUM) reaching $1.35 trillion as of the end of 2021.
Source: CIC
As a result, its annualised cumu…
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