China sovereign fund hiring foreign fund managers

SUZHOU, China, Feb 28 (Reuters) - China Investment Corp, the country's $200 billion sovereign wealth fund, is hiring foreign fund managers to invest in hedge funds, private equity, fixed income and equity assets, its general manager said on Thursday.

Gao Xiqing told reporters that he hoped the managers would be hired within the next several months.

The fund was set up last year as China sought to achieve greater returns on part of its massive foreign exchange reserves. (Reporting by Charlie Zhu; Editing by Anne Marie Roantree)