Friday, 26 December 2014
Last updated 2 days ago
Jul 27 2010 | 12:58pm ET
Is China’s massive sovereign wealth fund starting a hedge fund?
The US$300 billion China Investment Corp. on Tuesday posted 64 job openings to fill its “business development needs.” A spokesman for the sovereign fund told The Wall Street Journal that the hirings were part of its normal recruitment efforts, and declined to comment on whether they were related to a planned hedge fund. But in seeking hedge fund analysts, among other positions, the CIC has the rumor mill turning.
Last month, the Journal reported that the CIC and several other sovereign wealth funds in Asia and the Middle East were planning to launch their own hedge funds. Still, the CIC had a similar hiring spree last June to staff several new departments and private equity businesses.
The CIC is seeking employees from around the world to fill the positions, which include private equity investment managers, asset allocation researches, financial analysts and risk analysts. Prospective employees have until Aug. 9 to apply.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.