01.08.2012 - Singapore's sovereign wealth fund GIC cuts exposure to bonds, equities

Many of Asia's biggest investors are cutting their holdings of risky assets, worried about the weak economy in the U.S. and the debt crisis in Europe. Asia's big sovereign wealth funds and institutional investors, who collectively control about $1 trillion, are reducing their investments in stocks and in some cases bonds and boosting their cash stakes...............................................Full Article: Source

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