Monday 10:26 am Sovereign wealth fund China Investment Corp. went on a buying spree last year, spending more than $9.5B to pick up shares in some of America's best-known brands, including Apple (AAPL), Coca (K), J&J (JNJ) and Visa (V). Although most of the stakes are small, it highlights China's efforts to diversify away from Treasurys.
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Alan Brochstein: Bought some JNJ and BCR in the foundation - had sold both last week to fund other stuff. I target 80 on JNJ and 100 on BCR a year out