| Singapore’s sovereign wealth fund has signalled its confidence in China’s structural reforms by increasing its allocation to the country, as part of a push to boost its emerging markets exposure.
GIC, which has more than $100bn under management, said 14 per cent of its assets were invested in north Asia, which includes China, Hong Kong, Taiwan and South Korea. While this does not represent a sharp swing from the 13 per cent weighting last year, GIC emphasised its commitment to long-term investments...............................................Full Article: Source
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