30.09.2009 - GIC fund signals shift to Asia
From Chinapost.com.tw: Singapore sovereign wealth fund GIC Tuesday signaled it would shift its focus to Asia after its portfolio shed 20 percent following heavy losses on Western investments during the global meltdown. The Government of Singapore Investment Corp (GIC), which invests the city-state's massive foreign reserves, did not provide the current value of its portfolio or how much it actually lost during the period...................Full Article: Source
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