31.08.2009 - Singapore's GIC names chiefs for Europe, Americas operations
From Reuters: The Government of Singapore Investment Corp (GIC), which manages an estimated $200 billion-plus in assets said it has created the new posts of president (Europe) and president (Americas) to help it improve ties with policymakers. GIC has ploughed billions into Citigroup and UBS. It is the world's fourth largest sovereign wealth fund with assets of around $300 billion, according to estimates by Deutsche Bank..............Full Article: Source
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