- China Investment Corporation is now the second largest shareholder in Uralkali (URALL.PK), the potash producer whose exit from one of the world's two potash cartels sparked fears of a price war and triggered a steep sell-off in the chemical's price earlier this year.
- The move by China's sovereign wealth fund to convert its bond holdings into a 12.5% equity stake "is part of [a] broader move to diversify its investments away from industrial commodities," FT says.
China sovereign wealth fund takes 12.5% stake in potash producer
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs