01.10.2009 - GIC's losses are considered reasonable compared to other funds: analysts
From Channelnewsasia.com: Analysts said the losses suffered by the Government of Singapore Investment Corp (GIC) are considered reasonable compared to other international sovereign wealth funds. GIC's portfolio lost 20 per cent in Singdollar terms in the financial year to March 2009 compared to a year ago....................Full Article: Source
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