27.06.2016 - Singapore GIC is prepared for a period of heightened market uncertainty post-Brexit
Singapore's sovereign wealth fund GIC said on Friday it runs a long-term and diversified portfolio even though about 7 per cent of its portfolio is invested in the United Kingdom, making it the most exposed among Asian state investors after Britain's shock exit from the European Union (EU). According to the Sovereign Wealth Fund Institute, GIC manages US$344 billion in assets, of which US$24 billion or 7 per cent of its portfolio is invested in the UK based on its latest annual report...............................................Full Article: Source
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