Wealth fund posts lower returns

CIC says weak economy, soft commodity prices hit performance

The overseas investment returns of the nation's sovereign wealth fund sank last year amid a fragile world economy and soft commodity prices, according to figures released on Friday.

China Investment Corp said that net annual returns on overseas investments dropped to 5.47 percent in 2014 from 9.33 percent in 2013 and 10.6 percent in 2012.