China Investment Corporation Releases Annual Report
Posted on 08/08/2014
For 2013, the US$ 652.7 billion China Investment Corporation’s subsidiary, CIC International Co. Ltd., achieved a net income ratio of 9.33%. This is a decline from 2012, which posted a 10.6% rate. Since the CIC’s inception, the cumulative annualized return is 5.7%. The CIC had some major allocation shifts. For example, the sovereign wealth fund […]
