In focus: China’s CIC looks to stem staff exodus

The world's largest sovereign wealth fund, China Investment Corporation (CIC), is making talent retention a priority, according to a memo from its mid-year meeting. Reports suggest the company may be in the midst of a brain drain. CIC, which manages $1.35 trillion of assets as of the end of 2021, the latest available data, sees strengthening its workforce as key to building robust foundations for long-term growth. For this year, CIC plans to “comprehensively strengthen the build…