China Investment Corp, the country’s sovereign wealth fund, is seeking more funds from the central government after posting 10% mark-to-market losses in May and June due to the European debt crisis, Bloomberg reported. CIC Executive Vice President Jesse Wang also told a conference in San Francisco that the fund had faith in the global economic recovery and expects the Standard & Poor’s 500 Index to reach 1,250 points before the end of the year. The index has fallen 4.8% this year to 1,062. According to a February 9 regulatory filing, CIC has resumed investments in US equities, primarily through index funds. The US$300 billion fund, which Wang said is barred from investing in China, holds about 18% of its assets in fixed-income securities and 8.8% in inflation-linked products. A further 9.4% is in investments such as hedge funds and almost 7% in private-equity funds.