28.09.2010 - GIC to be more flexible, says emerging economies to outperform
From Bloomberg: Government of Singapore Investment Corp., manager of more than $100 billion of reserves, will be able to more quickly adjust the make-up of its assets and will focus on emerging markets as they outpace developed economies. The fund, with the approval of the board, will be free to change its asset allocation over the medium term, or within five years, to “respond more flexibly to significant risks or opportunities,” Chief Investment Officer Ng Kok Song said in the annual report yesterday..............................................Full Article: Source
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