Economic stability boosts CIC

Sovereign wealth fund set for 10% gain on 2009 investments

China Investment Corporation (CIC), the nation's $300 billion sovereign wealth fund, may gain more than 10 percent from its investments last year on the back of the global financial market and economic stability, a source close to the fund said.

"Though the total financial return is not yet fixed, the fund expects to report an annual return better than last year," said the source, speaking on condition of anonymity.