Closer Look: With Sovereign Wealth Fund, It's Necessary to Take Long View

(Beijing) – China Investment Corp. (CIC), the country's sovereign wealth fund, reported a 9.33 percent return on its overseas investments in 2013. The figure, reported on August 8, is slightly lower than the previous year's 10.6 percent.

The cumulative annualized rate of return for the overseas portfolio since it was established in 2007 is 5.7 percent, compared with 5.02 percent in 2012.