| Former Government of Singapore Investment Corporation (GIC) chief investment officer Ng Kok Song says sovereign wealth funds should look at investing in the long term. A successful sovereign wealth fund needs to have a long-term investment horizon.
An industry study expects assets of sovereign wealth funds to grow about 8 percent from US$5.2 trillion to US$5.6 trillion by the end of 2013. Sharing his vast experience in managing investments for a sovereign wealth fund, Mr Ng, who retired as GIC's chief investment officer in February, says sovereign fund investments should be evaluated over a period of about 20 years to be meaningful.......................................Full Article: Source
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