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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation

GIC recovers losses, makes significant changes to asset allocation

Posted on 10 December 2009

From Theasset.com: In terms of asset allocation, perhaps the most remarkable decision by the Government of Singapore Investment Corporation Pte Ltd (GIC) in the financial year 2008-2009 was restoring its allocation to public equities to pre-crisis levels.

From July 2007 to September 2008, GIC had reduced its allocation to public equities by 10% because of concerns in early 2007 about an equity overvaluation……………………………..Full Article: Source


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VRS - who has written 19873 posts on Opalesque Sovereign Wealth Funds Briefing.


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