CIC Slowly Weans Off Commodities

Posted on 09/30/2015

The China Investment Corporation (CIC) is weaning off some of their older commodity and precious metal investments. CIC was able to shed ownership of Russian potash producer Uralkali. At the beginning of September, CIC, through sovereign wealth enterprise Chengdong Investment Corporation, began daily selling shares of Polyus Gold International Limited, the largest gold producer in […]