New chairman reported for CIC, BNY snags BlackRock MD, JP Morgan's head of North Asia exits, Robeco promotes PM and PGI hires Prudential executive.
Tag : lou jiwei
Early reports say Shanghai’ s executive vice-mayor Tu Guangshao has been named chairman of China's sovereign wealth fund, which may give it more allocation freedom.
BNY Mellon names Japan president, new CIC chief speculation, KKR adds in Japan, Telstra Super chief to retire, DeAM Korea co-CEO exits, Eastspring hires in Greater China sales, Neuberger Berman names adviser, Bobby Wood moves to Serica.
CIC, NPS chairmen move on, Vanguard investment group changes, JP Morgan reshuffles Middle East wealth, Dubai property fund names CEO and new MAS board member named.
China Investment Corporation is eyeing greater exposure to manufacturing, property and real-asset investments, says chairman and chief executive Lou Jiwei.
China Investment Corporation records a -4.3% loss in 2011, noting its increased PE activity is still at an early investment stage.