China Holds Large Stakes in ETFs

The WSJ is reporting that China’s sovereign wealth fund has large stakes in two exchange traded funds.

According to reporter Dinny McMahon, the $300 billion China Investment Corp has over $250 million invested in the iShares S&P Global Materials ETF (MXI) and over $200 milion in the iShares MSCI EAFE Index ETF (EFA).

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