Weekend Reading

Ashby Monk

Gordon and I published a commentary over at Foreign Policy this week. Entitled Singing in the Rain, it’s on the China Investment Corporation and how it prospered through the financial crisis:

“…rather than stemming the CIC’s growth, the global financial crisis has had a profoundly positive effect on China’s SWF. Although the fund struggled to overcome a series of managerial, financial, and geopolitical hurdles upon its creation, the financial crisis set the stage for a remarkable transformation. Now, the fund has matured into perhaps the world’s largest and most influential strategic investor.”

Get it here.

Enjoy your weekend!

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This website is a project of Professor Gordon L. Clark and Dr. Ashby Monk of the School of Geography and the Environment at the University of Oxford. Their research on sovereign wealth funds is funded by the Leverhulme Trust and The Rotman International Centre for Pension Management.

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