China's SWF denies losses

clock

CHINA - Sovereign wealth fund China Investment Corporation (CIC) has denied reports it incurred massive losses through an investment in the Reserve Primary Fund.

The US$200bn CIC confirmed it had invested in the fund, through subsidiary Stable Investment Corporation, but said it had filed a redemption order before a suspension of redemption was announced by...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

More on China

The evolution of China's lending to emerging markets

Nicholas Hardingham sets out why China’s lending policy means scheme exposures need reviewing

Nicholas Hardingham
clock 09 July 2021 • 3 min read

IMF chief warns of 'lost decade'

CHINA - The head of the IMF pleaded with China to support the eurozone as she warned the global economy is heading for a "lost decade".

Natalie Kenway
clock 09 November 2011 •

'Miserable' 20 years for China investors, says Schroders

CHINA - Schroders head of Asia ex-Japan equities, Robin Parbrook, has poured scorn on returns made by investors in China in the last two decades, and warned the country still faces major challenges.

clock 21 September 2011 •
Trustpilot