Friday, May 20, 2011
CIC: Tibetan Department of Health and the people than the mouth, the golden key to the appropriate government agencies.
<P> CIC 2009 Annual Report, wash the shame of 2008. .</ P> <P> vote according to the second annual report, CIC 2009, 58 billion U.S. dollars of new investments, and its global portfolio outside the 11.7% return. .Foreign investment return and the investment company's wholly owned subsidiary - Huijin earnings after the merger, the company's total capital investment return rate of 12.9%, net profit of 41.66 billion U.S. dollars, representing an increase of $ 18,529,000,000 in 2008, .The total assets of CIC from the 297.54 billion U.S. dollars in 2008 increased to $ 332,394,000,000. .</ P> <P> the cast to prove he is capable of an investment company, the growth in one year alone is not enough, they must prove that years of steady growth of compound interest, with the qualification game in the global market. .</ P> <P> compared with other sovereign funds, CIC's investment in 2009 does not work, however, but with its own performance, compared with the long-term investment returns, investment and be handed over in good responses. .</ P> <P> last year's stock market index MSCI World Index 30.79%, Barclays Global Bond Composite Index's 5.93%, Barclays Hedge Fund Index 23.74%, and the U.S. Federal Reserve Base Rate 0.25%, respectively, multiplied by the .in the proportion of investment portfolio, should be 14.1% rate of return, the investment performance than the broader market performance. .At the same time, CIC's investment performance inferior to Temasek Holdings and the Norwegian Government Pension Fund. .</ P> <P> changes in the investment shows its progress. .The reason why people blame the previous cast, cast because of the market trends for the 2008 World judgments completely wrong, in the crash on the eve of the inexplicable reason then set at a high level private equity fund. .This is the primary error, or even been accused of intentionally conveying the interest. .</ P> <P> But in 2009, CIC's a huge change in investment patterns, aggressive in the second half to show their basic right to judge the market. .</ P> <P> annual report in 2009, the disclosure of portfolio investment change, reducing the cash position, from 87.4% in 2008 down to 32% in 2009. .While significantly overweight the equity, fixed income, alternative investment positions, respectively, from 3.2%, 9%, 0.4%, up to 36%, 26%, 6%. .June 8 this year, Reuters and other media reported that the vice president Jesse Wang vote at meetings of the Federal Reserve Bank of San Francisco, citing the company's investment in the investment portfolio of publicly traded shares of 24% -25%, for the "special circumstances" or ."looking for opportunities," 18.9%, 18% fixed income securities, hedge funds 9.4%, "inflation hedge" Securities 8.8%, 7% private equity, cash 8.6%, 4.3% other assets. .</ P> <P> can be seen from the investment portfolio, the investment although the risk increased, but the type of investment risk and security through the hedge, short-term high-risk transactions and fixed income, inflation-indexed securities investment and other more stable investment ratio of large to .rather, in general, risk can be controlled. .Clearly, the investment has been transformed into a flexible long-term investors..
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