{"id":180723,"date":"2025-11-14T18:05:11","date_gmt":"2025-11-14T18:05:11","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/180723\/"},"modified":"2025-11-14T18:05:11","modified_gmt":"2025-11-14T18:05:11","slug":"exclusive-chinas-sovereign-fund-sidelines-executives-amid-worries-over-us-scrutiny","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/180723\/","title":{"rendered":"Exclusive | China\u2019s sovereign fund sidelines executives amid worries over US scrutiny"},"content":{"rendered":"<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">China\u2019s flagship sovereign wealth fund has moved three of its managing directors to new, subordinate roles, sources told the Post, with the heads of the fund\u2019s fixed income, private equity and public relations departments all taking new non-managerial positions.<\/p>\n<p>All have extensive overseas work experience, and none have reached the statutory retirement age. More reorganising could be on the horizon at <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/topics\/china-investment-corporation-0?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"nofollow noopener\">China Investment Corporation (CIC)<\/a>, the sources said on condition of anonymity, including those managing the daily operations of US portfolios.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">No reasons were given for the reshuffle, and the fund did not immediately reply to an emailed request for comment.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">The rapid-fire reassignment of senior staff members raises questions over the status of the fund\u2019s overseas operations, particularly in the US, where CIC could become a target of security screenings despite a recent bilateral trade truce.<\/p>\n<p>CIC, which currently manages US$1.3 trillion in assets, is perhaps best known in the United States for its <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/business\/companies\/article\/2137118\/china-sovereign-fund-cic-exits-blackstone-investment?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"nofollow noopener\">equity investments in Blackstone<\/a> and Morgan Stanley in its early years, and a US$5 billion cooperation fund with Goldman Sachs established in 2017.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">It set up a New York representative office 10 years ago, one of only two offices for the fund outside mainland China, with the other in Hong Kong.<\/p>\n","protected":false},"excerpt":{"rendered":"China\u2019s flagship sovereign wealth fund has moved three of its managing directors to new, subordinate roles, sources told&hellip;\n","protected":false},"author":2,"featured_media":180724,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[174],"tags":[19360,1793,1396,79,1374,102134,102133,5214,102135,356,179,18,20366,4202,19,17,3906,968,107,102132],"class_list":{"0":"post-180723","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-american","9":"tag-beijing","10":"tag-blackstone","11":"tag-business","12":"tag-california","13":"tag-central-huijin-investment","14":"tag-china-investment-corporation","15":"tag-chinese","16":"tag-cic","17":"tag-donald-trump","18":"tag-economy","19":"tag-eire","20":"tag-goldman-sachs","21":"tag-hong-kong","22":"tag-ie","23":"tag-ireland","24":"tag-morgan-stanley","25":"tag-new-york","26":"tag-us","27":"tag-zhang-qingsong"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ie\/115549380846125224","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/180723","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=180723"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/180723\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/180724"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=180723"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=180723"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=180723"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}