China prepares allocation to hedge funds

Mon Jul 6, 2009

China Investment Corp. is slated to expand into hedge funds as the sovereign wealth fund adds investment staff to diversify its $200 billion portfolio.

Officials are expected to allocate to a core group of up to five funds of hedge funds and an unspecified number of single manager hedge funds across a wide spectrum of strategies. According to press reports the group is considering...

ISSN: 2151-1845 / CDC10004H

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