Hedge Fund Crowd Acts Like Chinese Retail Traders, CIC Says
- China wealth fund director blames managers for herd mentality
- Zhang says she's disappointed by hedge fund performance
This article is for subscribers only.
China Investment Corp.’s Roslyn Zhang, a managing director at the nation’s sovereign wealth fund, criticized hedge fund managers for everything from herding into bets against the yuan to lacking skills to make money.
QuickTake The People's Currency