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Posted on 02.09.10 by Thomas L. Knapp
“China’s sovereign wealth fund has lifted the veil on its U.S. securities holdings, revealing more than $9.6 billion of holdings in about 60 U.S. companies. In a Securities and Exchange Commission filing on Friday, China Investment Corp. said it had spread its investments among a wide variety of index funds and blue-chip companies such as Citigroup, Coca-Cola, Visa, Pfizer and Apple. It also disclosed a $713.8 million position in Wall Street investment firm BlackRock and a $498 million position in two types of shares in the Brazilian metals giant Vale.” (02/09/10) Link: http://tinyurl.com/yfbxgxu Filed under: RRND News and Twitter-Worthy | Report Bad Link Bookmark this post in Furl or Del.icio.us | |
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