10.12.2009 - GIC recovers losses, makes significant changes to asset allocation
From Theasset.com: In terms of asset allocation, perhaps the most remarkable decision by the Government of Singapore Investment Corporation Pte Ltd (GIC) in the financial year 2008-2009 was restoring its allocation to public equities to pre-crisis levels. From July 2007 to September 2008, GIC had reduced its allocation to public equities by 10% because of concerns in early 2007 about an equity overvaluation...................................Full Article: Source
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