Mon, Jul 28, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Investment, Reserve Currencies, Trends

Singapore plans to explore bolder investments of country’s foreign reserves

Posted on 11 May 2011

The Government of Singapore Investment Corporation (GIC) will explore bolder ways of investing the country’s foreign reserves, its chairman Lee Kuan Yew said. The 87-year-old former prime minister said the GIC, known in the market for conservative investments, cannot keep following conventional practices as it grows.
“This could lead to mediocrity. GIC must develop the capacity and courage to make the right decisions, thinking in depth and foresight for what works best for us, even if the decisions are at times unconventional,” he said……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 14466 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

July 2014
M T W T F S S
« Jun    
 123456
78910111213
14151617181920
21222324252627
28293031