Australia’s QIC looks to develop its direct China exposure
QIC, an Australian investment manager QIC with more than A$69 billion ($73 billion) under management for a combination of domestic and international clients, is stepping up its efforts to develop bilateral investment opportunities in China. The group is considering opening an office in the country, which would be its fourth overseas base.
"The Australian and Chinese economies are becoming increasingly integrated, and this is providing significant synergies for cross border growth," said Adriaan Ryder, QIC's CIO, following a recent visit...
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