The Daily Brief

Today’s institutional investment news of note...

This is the last DB of the year. And there’s actually a few interesting stories:

  • Reuters has announced $50 billion in new funding for the China Investment Corp. In case you’re already on your way to the bank, here’s a CIC funding flashback and an explanation as to why I remain skeptical about rumors and unnamed sources when it comes to this SWF.
  • Apparently Britain will adopt an “SWF Model” for foreign aid in order to render it more effective. Fascinating.
  • Mumtalakat has finally released its 2010 results. The returns look really good...they’re just a bit stale.
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