SAFE’s CIO to Leave Job
Posted on 01/28/2014
Zhu Changhong, the man behind managing China’s foreign exchange reserves, is leaving his position as chief investment officer. The former PIMCO alumni is credited for diversifying China’s foreign reserves away from U.S. Treasury bonds. Zhu lowered the proportion of treasuries, while increased exposure to U.S. corporate bonds, equities, real estate, Japanese bonds and Japanese equities. […]
- Central Banking
- China
- PIMCO
- SAFE Investment Company
- State Administration of Foreign Exchange
- Zhu Changhong
