China Investment Corp

China has unveiled plans to unite three of its state-owned bad debt asset managers with its primary sovereign wealth fund, the China Investment Corp. What Happened: China’s official Xinhua news agency, cited anonymous sources in saying that China Cinda Asset Management Co Ltd (OTC:CCGDF), ...

KKR & Co. and Chinese sovereign wealth fund China Investment Corp (CIC) have reportedly dropped their bid for a majority stake in Yum! Brands, Inc. (NYSE: YUM)’s China business. Reuters reported that Yum was not prepared to turn over a majority stake in its Chinese business at the price...

Yum! Brands, Inc. (NYSE: YUM) search for a buyer to acquire a minority stake in its China unit appears to be advancing with several parties interested. Reuters, citing "people familiar with the matter," reported Singapore's government-backed Temasek Holdings and a consortium that also includes...

The SkyBridge Alternatives Conference (SALT) is a congregation of experts in various sub-industries throughout the United States, each of whom have come together to facilitate balanced discussions and communication. Ray Nolte, Co-Managing Partner and Chief Investment Officer for SkyBridge moderated...

Futures Lower on Weak U.K. Employment Data, Easing Fears U.S. equity futures declined in the pre-market following weaker than expected U.K. employment data which showed that the U.K. economy lost jobs unexpectedly in March. Also, fears over the massive global QE, specifically in the U.S. and Japan...