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Sovereign Wealth Funds Briefing - Categorized | Performance, Research

GIC timed market moves well: Analysts

Posted on 02 October 2009

From Asiaone.com: The Government of Singapore Investment Corporation (GIC) has done well in the timing of its stock market moves given the size of its portfolio, said fund managers and analysts yesterday.

GIC steadily sold some of its equities from July 2007 until the onset of the global financial crisis last September, thereby cutting its exposure to public equities by over 10 percentage points of its total portfolio and boosting its cash holdings……………..Full Article: Source

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