China's CIC gives breakdown of U.S. equity stakes

China is considering stripping the country's 300-billion-dollar sovereign wealth fund of banking stakes to help it get around some US investment restrictions, a report said Tuesday.The proposal would mean China Investment Corp would no longer be responsible for holding the state's majority stakes in China's largest banks, the Financial Times reported, citing unnamed sources.It would end CIC's status as a bank holding company in the eyes of the US Federal Reserve and free the Chinese wealth fund of certain restrictions when making investments, the report said.

China Investment Corp (CIC), the country's $300 billion sovereign wealth fund, is looking to Russia for investment opportunities, state media reported Monday.Russia "has big development potential given its vast market and rich resources," CIC chairman Lou Jiwei told the official Xinhua news agency in an interview during a trip to Moscow."CIC is willing to invest in Russia," he said.The company sees Russia's planned direct investment fund and a new round of privatisation as two channels for possible investment in the country, Lou said.

China Investment Corp (CIC), the country's $300 billion sovereign wealth fund, is looking to Russia for investment opportunities, state media reported Monday.Russia "has big development potential given its vast market and rich resources," CIC chairman Lou Jiwei told the official Xinhua news agency in an interview during a trip to Moscow."CIC is willing to invest in Russia," he said.The company sees Russia's planned direct investment fund and a new round of privatisation as two channels for possible investment in the country, Lou said.

About a year ago we warned that in a world devoid of bond vigilantes, long emasculated by the Fed's relentless attempt to bring inflation back or go bust trying, the only forces left willing to stand up to Bernanke are the Brent Vigilantes TM, who succeed in crushing every recent reflation attempt whenever Brent reaches $130 or above (and US gas at the pump rises above $3.80) yet which are rather leery and susceptible to the CME's surprise margin-hike counterattacks, and of course China, th

The disclosure by China's $300 billion sovereign-wealth fund made in a quarterly report offered a rare look into part of the portfolio of one of the world's most widely watched funds.

Hedge funds are the least bullish on gold in more than five years as speculation about the pace of money printing by central banks whipsawed prices, driving volatility to a 17-month high.

SHANGHAI (Reuters) - Beijing plans to restructure its $300 billion sovereign wealth fund, China Investment Corporation (CIC) , by spinning off its domestic investment arm, among other changes, a Chinese newspaper reported on Thursday, without citing sources.

HONG KONG (Reuters) - China Investment Corp , the country's $300 billion sovereign wealth management fund, has teamed up with private equity fund Blackstone Group LP to buy a Japanese loan portfolio...