| The chief investment officer of Singapore sovereign wealth fund GIC Private Limited suggested Wednesday that the current low-yield outlook for traditional bond and equity investments has left the GIC taking a more tactical, opportunistic approach in managing its portfolio, and open to extending more mandates to alternative asset managers.
Lim Chow Kiat, GIC's group CIO, said in the current environment expectations for the rewards of “simply holding diversified assets and waiting” have to be lowered...............................................Full Article: Source
|