Wednesday, December 19, 2007

Another Chinese Christmas disruption

The Chinese Investment Corporation, China’s embryonic sovereign wealth fund, has just issued requests for proposals to fund management companies for four equity-oriented asset classes.

Fund execs in Hong Kong say the RFPs require them to register interest by the end of this week and to submit proposals by January 15 – continuing a suspected tendency by Chinese institutions to disrupt Christmas holidays for Western-owned service providers.

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