Fri, Nov 21, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Investment, Market

GIC seeks flexibility to tackle more complex investment outlook

Posted on 02 August 2013

GIC Pte, manager of more than $100 billion of Singapore’s reserves, is changing its investment strategy for the second time in three decades to be more flexible as the global outlook becomes “complicated.”
GIC will split its portfolio into one that’s actively managed, and another that tracks the overall market, it said as its annual report showed returns were little changed. The company was set up in 1981 as a “contingency fund” with a portfolio that’s as much as 70 percent invested in bonds and cash, before a review in 2000 defined it as a “financial endowment,” which saw equities accounting for 65 percent of holdings, it said…………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 15239 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
November 2014
M T W T F S S
« Oct    
 12
3456789
10111213141516
17181920212223
24252627282930