CIC set to continue alts push despite growing tensions
China’s $941 billion sovereign wealth fund will likely continue to ramp up its alternative investments even as the investment climate grows more difficult in some respects.
China's sovereign wealth fund is likely to continue seeking out opportunities in alternative assets even as the alternatives space becomes more crowded and the investment climate becomes more difficult amid heightened trade tensions.
In its latest annual report published on Monday, the $941 billion China Investment Corporation (CIC) said that it plans to steadily expand alternatives and direct investments as signature components of its portfolio.
The Beijing-headquartered sovere…
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