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Sovereign Wealth Funds Briefing - Categorized | Financials, People, Performance

Josephine Teo explains GIC’s omission on nominal returns in Singdollar

Posted on 14 March 2013

The Government Investment Corporation’s Report on the Management of the Government’s Portfolio stopped publishing its nominal returns converted to Singapore dollars three years ago.
Replying to a question in Parliament on Wednesday, Minister of State for Finance Josephine Teo said this is to avoid confusion when comparisons are made with other fund managers or global market indices…………………………………Full Article: Source


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