Wed, Jul 23, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Financials, Performance

Singapore GIC cuts exposure to bonds, equities

Posted on 31 July 2012

The Government of Singapore Investment Corp. has reduced its exposure in developed markets and cut its holdings in equities and bonds, as global uncertainties continue to weigh on the sovereign-wealth fund’s investment strategy.
GIC, which manages Singapore’s foreign-exchange reserves, said Tuesday in its annual report for the fiscal year ended March 31 that it now has increased cash in its portfolio and that it expects investment returns to be low till the global economy returns to “balanced and sustainable growth.”……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 14443 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

July 2014
M T W T F S S
« Jun    
 123456
78910111213
14151617181920
21222324252627
28293031