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Sovereign Wealth Funds Briefing - Categorized | Investment, Market, Trends

GIC expects slow growth in West for next 10 years

Posted on 30 September 2010

From Thestar.com.my: The Government of Singapore Investment Corp (GIC) expects economic growth in developed countries to be slow over the next decade which is why it plans to invest more in the developing world, a senior official said yesterday.
Group chief investment officer Ng Kok Song told a conference in Singapore that GIC’s in-house economists expected the developed world to grow by 2.4% this year compared with 8% for emerging Asia……………………………………….Full Article: Source

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