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The New Conservatism

Started by Joelle, April 02, 2008, 02:01:26 PM

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Joelle

The New Conservatism
      


China Investment Corp’s chief risk officer, Jesse Wang (left), says the $200 billion sovereign wealth fund acts like a pension fund and is interested in only conservative investments, as it aims for single-digit investment returns. Low-risk with Chinese characteristics might explain their investments in Morgan Stanley and private equity house Blackstone Group. Dubai International Capital, [...]
         

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