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Sovereign Wealth Funds Briefing - Categorized | Investment

US remains prime destination for GIC investments -Deputy chairman

Posted on 01 March 2011

From Dow Jones: The Government Of Singapore Investment Corp., or GIC, will continue to invest in the U.S., Deputy Chairman Tony Tan said, reaffirming the sovereign wealth fund’s faith in the recovery of the world’s biggest economy.
“The U.S. remains a prime destination for GIC’s investments. With the U.S.’s open and receptive attitude to foreign investment, GIC will continue to invest in America,” Tan said in a speech in New York Wednesday, a copy of which was made available by his Singapore office Thursday……………………………………….Full Article: Source


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