• English   Deutsch   
  •  GMT      
  • LONDON      
  • FRANKFURT      
  • NEW YORK      
  • SAO PAULO      
  • TOKYO      
  • SYDNEY      
Hedge Fund Database
Morgan Hedge Fund Database
USERNAME

PASSWORD

FEATURED SERVICE PROVIDER

  Hedge Fund Search
Name, ISIN, Ticker:
  

Hedge Funds Search Detailed Search
  Hedge Fund Directories
Listed Hedge Funds:9,895
HF Professionals:16,361
Service Provider:506
CIC to invest socially responsible
 
  Hedgeweb - SAT, JUN 14 2008
News China Investment Corp. (CIC), the $ 200 bn sovereign wealth fund, intends to be a socially responsible global investor by shunning industries such as gambling, tobacco and arms manufacturing, the fund??s president said on Friday.

We are looking at clean energy and environmentally-friendly investments,? Gao Xiqing, president of China Investment Corp, said at a conference in Beijing. CIC would look at ??everything cross-border except for casinos, tobacco companies or machine-gun companies?. As far as is publicly known, the fund has primarily invested in financial services.

Mr Gao also repeated his stance that CIC??s investments are not politically motivated and that the fund is committed to improving transparency.

 
 
© Morgan Hedge™ · HEDGEweb™
Morgan Hedge and HEDGEweb are Trademarks of morganhedge.com, TAA LLC and VIImedia S.A.