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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration, Market

GIC adviser says fund’s investments free from political meddling

Posted on 14 March 2013

Government of Singapore Investment Corp., which manages more than $100 billion of reserves, operates without “political meddling” from the city-state’s authorities, an adviser said.
The sovereign wealth fund’s biggest investments include Citigroup Inc. (C) and UBS AG, according to data compiled by Bloomberg. The investments are made for the long term, said Ng Kok Song, who retired as GIC’s group chief investment officer in January…………………………………Full Article: Source


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