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Sovereign Wealth Funds Briefing - Categorized | Compliance/Regulation/Legal, Performance

Review of GIC guidelines ‘from time to time’

Posted on 05 February 2009

From Todayonline.com: Singapore will continue to review investment guidelines for the Government Investment Corporation of Singapore (GIC) “from time to time”, to see “whether the guidelines are appropriate given the investment objectives and the investment climate going forward”.
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Senior Minister of State (Finance) Lim Hwee Hua gave this response yesterday to Pasir Ris-Punggol MP Penny Low’s question on whether the Government’s mandate for GIC should be changed in light of the ongoing economic crisis. …. Full Article: Source


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