News

China’s sovereign wealth fund chooses new chairman

Great_Hall_of_the_PeopleChina’s sovereign wealth fund (SWF) has picked Peng Chun as its new chairman to lead the Beijing-based China Investment Corp. While the SWF has not made any formal announcements, the news has been widely reported by a number of organisations. Chun is set to join China Investment Corp, which has around $940 billion of assets, from the Bank of Communications where he is also the chairman. He will replace Ding Xuedong, who departed for a deputy secretary-general post at the State Council in 2017. Chun, 57, has previous experience with China Investment Corp between 2010 and 2013 when he was vice general manager. According to reports, Ju Weimin will replace Tu Guangshao as China Investment Corp’s general manager. ©2019 funds global asia

Executive Interviews

Interview: Money needs a place to go

Mar 11, 2019

Peng Fei, chief investment officer at Wanwei Asset Management, tells Romil Patel about allocating capital across risk factors when asset performance is uncertain and unpredictable.

INTERVIEW: Giving peace a chance

Jan 11, 2019

As US-China tensions escalated in 2018, the leaders of the two economies met in Buenos Aires to agree a truce. Aidan Yao, senior emerging Asia economist at Axa Investment Managers, talks to Romil...

Roundtables

Singapore roundtable: A money magnet

Mar 11, 2019

Our panel discussed why the Singapore Variable Capital Company makes them bullish, what gives the onshore jurisdiction an offshore feel and “blood on the streets” from China’s slowdown. Chaired by Romil Patel in Singapore.

HONG KONG ROUNDTABLE: A sunny picture

Jan 11, 2019

Changes to regulation, US-Sino trade tensions and further steps by China to open its capital markets were some of the topics discussed by our panel. Chaired by Romil Patel in Hong Kong.