| Aje Saigal, a consultant at sovereign wealth fund Government of Singapore Investment Corp (GIC) , is setting up Nuvest Capital that targets capital growth of 4 to 5 percent per year above inflation, a fund document seen by Reuters shows.
GIC is seeding Nuvest Capital which will manage the global multi-asset Nuvest Global Fund with an emphasis on emerging markets, the document showed. The Singapore-based fund will be launched in early July, four sources familiar with the matter told Reuters...............................................Full Article: Source
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