China Investment Corp launches global recruiting drive – report
BEIJING (XFN-ASIA) – China Investment Corp (CIC), the 200 bln usd fund set up to invest the country’s foreign exchange reserves, has kicked off a global recruitment drive for senior staff, the Wall Street Journal reported.
The report said CIC’s requirements for Beijing-based positions include overseas education and market experience, and specified openings for portfolio managers for North American, European and Japanese equities and fixed-income products including derivatives.
It said CIC may allocate a third of its assets for investments in global financial markets.
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